FNV Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: With market volatility for FNV expected to remain stable, and support around $125, coupled with a bullish skew in options trading, a recovery back towards $130 is plausible, driven by improved market sentiment.




Bearish Case: Given the flat short-term term structure and the proximity to resistance at $130, a decline toward $120 appears possible if broader market conditions deteriorate, with bearish sentiment reflected in the options market.




Potential Outcomes:

1. Price rebounds to $130 (55% chance) due to support resilience.

2. Price slips to $120 (30% chance) amid market instability.

3. Further decline below $115 (15% chance) if negative market sentiment prevails.




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November 08, 2024


Franco-Nevada Forecast

FNV        Franco-Nevada











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