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Fortescue Metals Group Limited

FSUMF•PNK
Basic Materials
Industrial Materials
$14.92
$0.59(4.12%)
U.S. Market opens in 20h 2m

Fortescue Metals Group Limited (FSUMF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Fortescue Metals Group Limited (PNK:FSUMF).

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

FSUMF Technical Analysis Summary

Fortescue Metals Group Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 60.42)
Trend Strength:Very Strong (ADX: 50.64)
Volatility:Medium (ATR: 0.51)
Support/Resistance:$13.43 – $15.00 (Bollinger Bands)

Technical conditions suggest Fortescue Metals Group Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 60.42

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 91.99

Bearish
Overbought levels may trigger pullback.

Williams %R: -3.08

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.84

Bullish
Steady upward momentum.

Takeaway:Fortescue Metals Group Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 50.64

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.51

Low
Low volatility, stable price action.

CCI (14): 151.08

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Fortescue Metals Group Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$15.00
Middle Band (SMA 20)
$14.21
Lower Band
$13.43
Current Position
Within Bands

Takeaway:Fortescue Metals Group Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$15.38
Middle Line (EMA 20)
$14.35
Lower Channel
$13.33
Squeeze Status
Squeeze On

Takeaway:Fortescue Metals Group Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume109.12K
Money Flow Index18.88Bullish, oversold conditions signal rebound potential.
Relative Vigor Index35.80Bearish, price momentum favors sellers.

Overall Takeaway:FSUMF shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Fortescue Metals Group Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ