FM.TO (TSX)

FM.TO TSX

First Quantum Minerals

SELL

36.42

Prev.Close

36.95

Change

-0.5300

Change%

-1.43%

BEARISH THREE GAP UPS

Sold at

36.42

Open

36.44

High

36.84

Low

36.02

36.42

0.00%

Signal History

Date	Price	Signal	Change%		CAD100⇨
24/12	36.42	SELL	0.0%		160
24/11	29.00	BUY	+25.6%	✔ 👍	128
18/11	29.32	SHORT	-1.1%	✔	127
05/11	28.30	BUY	+3.6%	✔	123
17/10	31.40	SHORT	-9.9%	✔	113
15/10	32.88	BUY	-4.5%	❌	118
07/10	31.42	SELL	+4.6%	❌	119
29/08	23.72	BUY	+32.5%	✔ 👍	90
19/08	23.01	SELL	+3.1%	❌	90
08/08	23.45	BUY	-1.9%	❌	92
01/08	22.77	SHORT	+3.0%	❌	95
21/07	23.70	BUY	-3.9%	❌	100

† Trade commissions are taken as 0.25%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH THREE GAP UPS pattern has finally received confirmation because the prices crossed below the confirmation level at 36.57, and our valid average selling price now stands at 36.42. The previous BUY signal was issued on 24/11/2025, 30 days ago, when the stock price was 29.00. Since then, FM.TO has risen by +25.59%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		CAD100⇨
24/12	36.42	SELL	0.0%		248
24/11	29.00	BUY	+25.6%	✔ 👍	198
18/11	29.32	SHORT	-1.1%	✔	197
05/11	28.30	BUY	+3.6%	✔	191
17/10	31.40	SHORT	-9.9%	✔	175
15/10	32.88	BUY	-4.5%	❌	184
07/10	31.42	SELL	+4.6%	❌	185
29/08	23.72	BUY	+32.5%	✔ 👍	140
19/08	23.01	SELL	+3.1%	❌	140
08/08	23.45	BUY	-1.9%	❌	143
01/08	22.77	SHORT	+3.0%	❌	148
21/07	23.70	BUY	-3.9%	❌	155
07/07	24.76	SELL	-4.3%	✔	155
23/06	21.72	BUY	+14.0%	✔ 👍	137
11/06	21.27	SELL	+2.1%	❌	137
02/06	20.87	BUY	+1.9%	✔	135
28/05	20.52	SELL	+1.7%	❌	135
23/05	20.17	BUY	+1.7%	✔	133
16/05	19.59	SELL	+3.0%	❌	133
09/05	19.34	BUY	+1.3%	✔	132
05/05	18.56	SELL	+4.2%	❌	132
23/04	17.38	BUY	+6.8%	✔	124
17/04	16.56	SHORT	+5.0%	❌	131
15/04	16.39	BUY	+1.0%	✔	131
26/03	22.47	SELL	-27.1%	✔	131
12/03	17.67	BUY	+27.2%	✔ 👍	103
07/03	17.86	SHORT	-1.1%	✔	103
05/03	17.38	BUY	+2.8%	✔	100
03/03	17.81	SHORT	-2.4%	✔	99
27/02	18.15	BUY	-1.9%	❌	101
21/02	18.04	SELL	+0.6%	❌	101
30/01	18.61	BUY	-3.1%	❌	105
22/01	18.97	SELL	-1.9%	✔	105
20/01	19.23	BUY	-1.4%	❌	107
13/01	19.52	SELL	-1.5%	✔	107
06/01	19.39	BUY	+0.7%	✔	107
30/12	18.64	SHORT	+4.0%	❌	112
23/12	18.96	BUY	-1.7%	❌	114
16/12	19.00	SELL	-0.2%	✔	114
29/11	19.13	BUY	-0.7%	❌	115