FMG 0.69% $14.31 fortescue metals group ltd

FMG Technical Analysis, page-126

  1. 6,295 Posts.
    lightbulb Created with Sketch. 39
    its always amusing to find 'technical analysis' threads with hardly any charts in them....

    here we go, daily and weekly:

    daily, broken the recent uptrend, and now we're getting to a level thats got a lot of near term support, so hopefully we can see some confidence return to FMG at the $5.40 level... MACD and stochastics oversold on the daily...

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    Weekly: the indicators on the weekly are a little more worrying, both in crossovers from overbought positions...
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    if $5.40 doesnt hold, then $4.90 would be my next target, followed by the more recent low of $4.60, and then the lower circle drawn on the weekly around the $4 mark... a lot to play out before then, dont get your knickers in a knot over that target, im not suggesting its going to get that low...  a higher low (somewhere above $4.60) would be quite bullish in the long run for me...
 
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Last
$14.31
Change
-0.100(0.69%)
Mkt cap ! $44.36B
Open High Low Value Volume
$14.20 $14.33 $13.95 $245.5M 16.16M

Buyers (Bids)

No. Vol. Price($)
8 8377 $14.30
 

Sellers (Offers)

Price($) Vol. No.
$14.32 27444 5
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Last trade - 16.10pm 22/10/2021 (20 minute delay) ?
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Last
$14.29
  Change
-0.100 ( 0.94 %)
Open High Low Volume
$14.35 $14.35 $13.95 2136628
Last updated 15.59pm 22/10/2021 (live) ?
FMG (ASX) Chart
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