
Technical analysis of Fresnillo plc (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Fresnillo plc is a mining company operating in Mexico, specializing in the extraction and production of non-ferrous minerals, primarily silver, gold, lead, and zinc. The company operates seven mining sites located across various Mexican states and produces mineral concentrates and gold/silver doré bars.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 2, 2026, computed on the last 12 months of prices.
21 sessions
3,018.29 GBp
+4.76%
50 sessions
2,792.28 GBp
+13.24%
200 sessions
3,234.99 GBp
−2.26%
s2
2,910.00
Support
s1
2,992.00
Support
pivot
3,049.00
Pivot
r1
3,131.00
Resistance
r2
3,188.00
Resistance
In the September 2, 2026 session Fresnillo plc closed higher at 3,162.00 GBp, +2.86% versus the previous session.
The price sits mixed against its moving averages: +4.76% against the 21-session average, +13.24% against the 50 and −2.26% against the 200.
The 14-period RSI reads 60.5, in neutral territory.
MACD stands at 103.947 against a signal line at 105.385: the histogram is negative (−1.439).
ADX reads 22.0, indicating weak directionality.
Levels computed on the latest session place supports at 2,992.00 and 2,910.00 GBp and resistances at 3,131.00 and 3,188.00 GBp, around a pivot of 3,049.00.
The average daily range (ATR) is 137.474 GBp, or 4.35% of price.
Turnover was 749.7K shares, 53% of the 20-session average.
Over the last twelve months the price ranged between 2,396.75 and 3,862.59 GBp, and today stands −18.14% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Fresnillo plc analysed technically?
Technical analysis of Fresnillo plc is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Fresnillo plc?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Fresnillo plc?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Fresnillo plc it helps frame the technical structure of the historical chart and is not a forecast.
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