Advertisement
Loading...

Fortescue Ltd

FMG.AXASX
Basic Materials
Industrial Materials
$21.73
$0.01(0.05%)
Australian Market is Open • 14:31

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: 53.01)
Trend Strength:Weak (ADX: 18.57)
Volatility:Medium (ATR: 0.55)
Support/Resistance:$19.14 – $23.18 (Bollinger Bands)

Technical conditions suggest Fortescue Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 53.01

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 55.65

Neutral
Mid-range signal with no clear trend.

Williams %R: -47.66

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 7.88

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.39

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.57

Weak
Weak trend, market trading sideways.

ATR (14): 0.55

Low
Low volatility, stable price action.

CCI (14): -6.69

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.18
Middle Band (SMA 20)
$21.16
Lower Band
$19.14
Current Position
Within Bands

Takeaway:Fortescue Ltd trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$22.53
Middle Line (EMA 20)
$21.42
Lower Channel
$20.31
Squeeze Status
No Squeeze

Takeaway:Fortescue Ltd trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume14.19M
Money Flow Index55.68Neutral, balanced money flows with no clear signal.
Relative Vigor Index44.07Neutral to Bearish, sellers 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

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ