Is Fortescue Ltd stock a buy or sell right now?

Fortescue Ltd currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Fortescue Ltd’s RSI?

RSI is 50.43, showing balanced momentum within the normal range.

What does MACD indicate for FMG.AX?

MACD at -0.31 shows bearish pressure, with downside momentum building.

What are Fortescue Ltd’s key support and resistance levels?

Support sits around $19.66, while resistance is near $22.26.

Fortescue Ltd

FMG.AX•ASX

Basic Materials

Industrial Materials

$20.85

$0.00(0.00%)

Australian Market opens in NaNh NaNm

Fortescue Ltd (FMG.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Fortescue Ltd (ASX:FMG.AX).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FMG.AX Technical Analysis Summary

Fortescue Ltd stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bullish (RSI: 50.43)

Trend Strength:Weak (ADX: 16.28)

Volatility:Medium (ATR: 0.56)

Support/Resistance:$19.66 – $22.26 (Bollinger Bands)

Overall, Fortescue Ltd remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 50.43

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 47.14

Neutral

Mid-range signal with no clear trend.

Williams %R: -49.00

Neutral

Balanced market without strong signals.

Rate of Change (ROC): -2.94

Bearish

Selling pressure outweighs buying.

Takeaway:Fortescue Ltd shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.31

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 16.28

Weak

Weak trend, market trading sideways.

ATR (14): 0.56

Low

Low volatility, stable price action.

CCI (14): 29.80

Bullish

Bullish, momentum building upward.

Takeaway:Fortescue Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$22.26

Middle Band (SMA 20)

$20.96

Lower Band

$19.66

Current Position

Within Bands

Takeaway:Fortescue Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$22.07

Middle Line (EMA 20)

$20.95

Lower Channel

$19.83

Squeeze Status

No Squeeze

Takeaway:Fortescue Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume9.98M

Money Flow Index55.80Neutral, balanced money flows with no clear signal.

Relative Vigor Index53.58Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:FMG.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary

Based on the current technical analysis of Fortescue Ltd, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Fortescue Ltd are mixed, suggesting a Hold or wait-and-see approach.