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Fortescue Ltd

FMG.AX•ASX
Basic Materials
Industrial Materials
$20.15
$-0.89(-4.23%)
Australian Market is Open • 13:03

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: 52.48)
Trend Strength:Weak (ADX: 13.73)
Volatility:Medium (ATR: 0.65)
Support/Resistance:$18.85 – $21.22 (Bollinger Bands)

This mix signals that Fortescue Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.48

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 79.00

Bullish
Buying momentum building without extremes.

Williams %R: -29.79

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 4.21

Bullish
Steady upward momentum.

Takeaway:Fortescue Ltd shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.12

Bullish
Bullish, trend momentum is strengthening.

ADX: 13.73

Weak
Weak trend, market trading sideways.

ATR (14): 0.65

Low
Low volatility, stable price action.

CCI (14): 66.67

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
$21.22
Middle Band (SMA 20)
$20.04
Lower Band
$18.85
Current Position
Within Bands

Takeaway:Fortescue Ltd trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$21.55
Middle Line (EMA 20)
$20.25
Lower Channel
$18.94
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-29.43M
Money Flow Index43.35Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.41Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:FMG.AX shows mixed signals in money flow analysis.

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.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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.

Technical Analysis FAQ