Is Fortescue Metals Group Limited stock a buy or sell right now?

Based on current indicators, Fortescue Metals Group Limited shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Fortescue Metals Group Limited’s RSI?

RSI is 69.08, showing balanced momentum within the normal range.

What does MACD indicate for FSUMF?

MACD at 0.37 signals bullish momentum with buyers in control.

What are Fortescue Metals Group Limited’s key support and resistance levels?

Support sits around $14.12, while resistance is near $16.51. A breakout above $16.51 would open the door for further upside.

Fortescue Metals Group Limited

FSUMF•PNK

Basic Materials

Industrial Materials

$16.56

$-0.04(-0.24%)

U.S. Market opens in 36h 1m

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: 69.08)

Trend Strength:Very Strong (ADX: 59.08)

Volatility:Medium (ATR: 0.68)

Support/Resistance:$14.12 – $16.51 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 69.08

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 99.03

Bearish

Overbought levels may trigger pullback.

Williams %R: -2.90

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 12.94

Strongly Bullish

Strong upside momentum.

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

Trend & Volatility

MACD: 0.37

Bullish

Bullish, trend momentum is strengthening.

ADX: 59.08

Very Strong

Very strong trend, powerful directional momentum.

ATR (14): 0.68

Low

Low volatility, stable price action.

CCI (14): 149.35

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Fortescue Metals Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$16.51

Middle Band (SMA 20)

$15.32

Lower Band

$14.12

Current Position

Above Upper Band

Takeaway:Fortescue Metals Group Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels

Upper Channel

$16.80

Middle Line (EMA 20)

$15.44

Lower Channel

$14.08

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 Volume207.27K

Money Flow Index49.81Neutral, balanced money flows with no clear signal.

Relative Vigor Index53.50Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:FSUMF shows neutral money flow, with no clear directional pressure.

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.

MACD above 0 → bullish trend confirmation.

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.

Overall Recommendation:Fortescue Metals Group Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.