Technical Analysis for FMST - Foremost Lithium Resource & Technology Ltd.

Grade Last Price % Change Price Change
F 1.80 -6.70% -0.13
FMST closed down 6.7 percent on Wednesday, November 20, 2024, on 1.46 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -6.70%
Spinning Top Other -6.70%
Wide Bands Range Expansion -6.70%
Gapped Up Strength -6.70%
Oversold Stochastic Weakness -6.70%

   Recent Intraday Alerts

Alert Time
Gapped Down (Partial) about 22 hours ago
1.5x Volume Pace about 22 hours ago
Down 5% about 22 hours ago
Down 3% about 22 hours ago
Down 2 % about 22 hours ago

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Profile

Foremost Lithium Resource & Technology Ltd. Description

Foremost Lithium is a hard-rock exploration company with over 43,000 acres located in Snow Lake, Manitoba, and hosts a property in a known active lithium camp in Quebec called Lac Simard South situated on over 11,400 acres. Its five Lithium Lane Projects, Zoro, Jean Lake, Grass River, Peg North and Jol, as well as Lac Simard South are strategically located to capitalize on the world's growing EV appetite and to become a premier supplier of North America's lithium feedstock. As the world transitions towards decarbonization, the Company's objective is the extraction of lithium oxide (Li₂O), and to subsequently play a role in the production of high-quality lithium hydroxide (LiOH), to help power lithium-based batteries, critical in developing a clean-energy economy. Foremost Lithium also has the Winston Gold/Silver Property in New Mexico USA


Classification

Sector: Basic Materials
Industry: Chemicals
Keywords: Lithium Mood Stabilizers

Is FMST a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 4.2503
52 Week Low 1.75
Average Volume 10,823
200-Day Moving Average 2.69
50-Day Moving Average 2.53
20-Day Moving Average 2.13
10-Day Moving Average 1.99
Average True Range 0.20
RSI (14) 32.43
ADX 16.76
+DI 14.23
-DI 23.64
Chandelier Exit (Long, 3 ATRs) 2.20
Chandelier Exit (Short, 3 ATRs) 2.35
Upper Bollinger Bands 2.51
Lower Bollinger Band 1.75
Percent B (%b) 0.06
BandWidth 35.48
MACD Line -0.19
MACD Signal Line -0.18
MACD Histogram -0.016
Fundamentals Value
Market Cap 8.69 Million
Num Shares 4.83 Million
EPS 0.07
Price-to-Earnings (P/E) Ratio 25.71
Price-to-Sales 0.00
Price-to-Book 1.26
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.07
Resistance 3 (R3) 2.08 2.00 2.02
Resistance 2 (R2) 2.00 1.94 2.00 2.01
Resistance 1 (R1) 1.90 1.89 1.86 1.89 1.99
Pivot Point 1.83 1.83 1.81 1.82 1.83
Support 1 (S1) 1.72 1.76 1.69 1.71 1.61
Support 2 (S2) 1.65 1.72 1.64 1.59
Support 3 (S3) 1.55 1.65 1.58
Support 4 (S4) 1.53