Technical Analysis for FMG - Fortescue Metals Group Limited
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | Down | Down | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Lower Bollinger Band Walk | Weakness | 0.00% | |
Stochastic Reached Oversold | Weakness | 0.00% | |
Inside Day | Range Contraction | 0.00% | |
Lower Bollinger Band Touch | Weakness | 0.00% | |
Oversold Stochastic | Weakness | 0.00% | |
Below Lower BB | Weakness | 0.83% | |
Gapped Down | Weakness | 0.83% | |
Lower Bollinger Band Touch | Weakness | 0.83% | |
Fell Below 20 DMA | Bearish | 0.94% | |
Fell Below 50 DMA | Bearish | 0.94% |
Alert | Time |
---|---|
Up 1% | about 5 hours ago |
Possible Inside Day | about 6 hours ago |
Possible NR7 | about 6 hours ago |
Rose Above Lower Bollinger Band | about 10 hours ago |
Down 2 ATRs | 2 days ago |
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Fortescue Metals Group Limited Description
Fortescue Metals Group Limited is engaged in the exploration, development, production, processing and sale of iron ore. It owns and operates an integrated supply chain, including its approximately five berth Herb Elliott Port in Port Hedland and the heavy haul railway with approximately 42 ton axle load capacity over 620 kilometers of track. Its operations span over four mine sites in the Pilbara. The Chichester Hub, which includes the Cloudbreak and Christmas Creek mines, is located in the Chichester Ranges, and produces over 90 million tons per annum (mtpa) from three ore processing facilities. The Solomon Hub is located in the Hamersley Ranges, and includes the Firetail and Kings Valley mines, which produce in excess of 70 mtpa. The Company owns and operates its purpose designed rail and port facilities, constructed to deliver iron ore from its mines to Port Hedland and onto its customers. Its Iron Bridge Magnetite project is located over 100 kilometers south of Port Hedland.
Classification
Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Metal Metals Iron Mines Iron Ore Magnetite Supply Chain Mine Site Hamersley Range Tons Per Annum (Mtpa) Christmas Fortescue Metals Group Hamersley
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 27.3277 |
52 Week Low | 15.88 |
Average Volume | 10,152,237 |
200-Day Moving Average | 21.453 |
50-Day Moving Average | 18.792 |
20-Day Moving Average | 19.211 |
10-Day Moving Average | 18.945 |
Average True Range | 0.635 |
RSI (14) | 41.18 |
ADX | 16.43 |
+DI | 22.124 |
-DI | 32.446 |
Chandelier Exit (Long, 3 ATRs) | 18.845 |
Chandelier Exit (Short, 3 ATRs) | 19.655 |
Upper Bollinger Bands | 20.226 |
Lower Bollinger Band | 18.196 |
Percent B (%b) | 0.05 |
BandWidth | 10.568 |
MACD Line | -0.171 |
MACD Signal Line | 0.001 |
MACD Histogram | -0.1719 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 18.830 | ||||
Resistance 3 (R3) | 18.800 | 18.590 | 18.740 | ||
Resistance 2 (R2) | 18.590 | 18.452 | 18.605 | 18.710 | |
Resistance 1 (R1) | 18.440 | 18.368 | 18.515 | 18.470 | 18.680 |
Pivot Point | 18.230 | 18.230 | 18.268 | 18.245 | 18.230 |
Support 1 (S1) | 18.080 | 18.092 | 18.155 | 18.110 | 17.900 |
Support 2 (S2) | 17.870 | 18.008 | 17.885 | 17.870 | |
Support 3 (S3) | 17.720 | 17.870 | 17.840 | ||
Support 4 (S4) | 17.750 |