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Fortescue Metals Group Ltd (AU:FMG)
ASX:FMG

Fortescue Metals Group Ltd (FMG) Technical Analysis

277 Followers

Summary of all the Indicators

Overall Consensus
Buy
11Bullish
5Neutral
6Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Buy
7Bullish
0Neutral
5Bearish
Fortescue Metals Group Ltd’s (FMG) Moving Averages Convergence Divergence (MACD) indicator is 0.27, suggesting Fortescue Metals Group Ltd is a Sell.
Fortescue Metals Group Ltd’s (FMG) 20-Day exponential moving average is 25.81, while Fortescue Metals Group Ltd’s (FMG) share price is AU$26.08, making it a Buy.
Fortescue Metals Group Ltd’s (FMG) 50-Day exponential moving average is 25.66, while Fortescue Metals Group Ltd’s (FMG) share price is AU$26.08, making it a Buy.

Fortescue Metals Group Ltd (FMG) Pivot Points

May 15, 2024, 12:08 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
25.60
25.90
26.05
26.35
26.50
26.80
26.95
Fibonacci
25.90
26.07
26.17
26.35
26.52
26.62
26.80
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Fortescue Metals Group Ltd (FMG) Moving Averages

May 15, 2024, 12:08 AM
Period
Simple
Exponential
MA5
26.42Sell
26.21Sell
MA10
26.10Sell
26.07Sell
MA20
25.59Buy
25.81Buy
MA50
25.36Buy
25.66Buy
MA100
26.22Sell
25.33Buy
MA200
23.63Buy
23.46Buy
Fortescue Metals Group Ltd’s (FMG) 10-Day exponential moving average is 26.07, while Fortescue Metals Group Ltd’s (FMG) share price is AU$26.08, making it a Sell.
Fortescue Metals Group Ltd’s (FMG) 100-Day exponential moving average is 25.33, while Fortescue Metals Group Ltd’s (FMG) share price is AU$26.08, making it a Buy.
Fortescue Metals Group Ltd’s (FMG) stock price is AU$26.08 and Fortescue Metals Group Ltd’s (FMG) 50-day simple moving average is 25.36, creating a Buy signal.
Fortescue Metals Group Ltd’s (FMG) stock price is AU$26.08 and Fortescue Metals Group Ltd’s (FMG) 100-day simple moving average is 26.22, creating a Sell signal.
Fortescue Metals Group Ltd’s (FMG) stock price is AU$26.08 and Fortescue Metals Group Ltd’s (FMG) 200-day simple moving average is 23.63, creating a Buy signal.

Fortescue Metals Group Ltd (FMG) Technical Indicators

May 15, 2024, 12:08 AM
Name
Value
Implied Action
RSI (14)
54.23
Neutral
STOCH (9,6)
59.96
Neutral
STOCHRSI (14)
76.30
Neutral
MACD (12,26)
0.27
Sell
ADX (14)
11.92
Buy
Williams %R
-30.18
Buy
CCI (14)
60.13
Neutral
ATR (14)
0.56
-
Ultimate Oscillator
55.70
Neutral
ROC
5.08
Buy
Fortescue Metals Group Ltd’s (FMG) Relative Strength Index (RSI) is 54.23, creating a Neutral signal.
Fortescue Metals Group Ltd’s (FMG) Trend Strength Indicator (ADX) is 11.92, creating a Buy signal.
Fortescue Metals Group Ltd’s (FMG) Commodity Channel Index (CCI) is 60.13, creating a Neutral signal.
Fortescue Metals Group Ltd’s (FMG) Price Rate of Change (ROC) is 5.08, creating a Buy signal.

FAQ

Is FMG a Buy, Hold, or Sell?
Based on FMG’s technical indicators, FMG is a Buy.
    What is FMG’s RSI (14)?
    FMG’s RSI (14) is 54.23, which suggests FMG is a Neutral.
      What is FMG’s MACD?
      FMG’s MACD is 0.27, which suggests FMG is a Sell.
        What is FMG’s 5-day moving average?
        FMG’s 5-day moving average is 26.42, which suggests FMG is a Sell.
          What is FMG’s 20-day moving average?
          FMG 20-day moving average is 25.59, which suggests FMG is a Buy.
            What is FMG’s 50-day moving average?
            FMG’s 50-day moving average is 25.36, which suggests FMG is a Buy.
              What is FMG’s 200-day moving average?
              FMG’s 200-day moving average is 23.63, which suggests FMG is a Buy.
                What is FMG’s Williams % R (14)?
                FMG’s Williams % R (14) is -30.18, which suggests FMG is a Buy.
                  What is FMG’s CCI (14)?
                  FMG’s CCI (14) is 60.13, which suggests FMG is a Neutral.
                    What is the share price of Fortescue Metals Group Ltd?
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