Technical Analysis for FSUGY - Fortescue Metal

Grade Last Price % Change Price Change
grade A 20.87 1.61% 0.3300
FSUGY closed up 1.61 percent on Friday, July 10, 2020, on 31 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical FSUGY trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Shooting Star Candlestick Bearish 1.61%
Lizard Bearish Bearish Day Trade Setup 1.61%
MACD Bullish Signal Line Cross Bullish 1.61%
Doji - Bearish? Reversal 1.61%
Stochastic Reached Overbought Strength 1.61%
Overbought Stochastic Strength 1.61%
Older signals for FSUGY ...

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Fortescue Metals is principally engaged in the operation of an integrated logistics chain starting with the mining of iron ore from the company's Cloudbreak mine site, the railing of product along the company's heavy haul rail line through to the loading of ships at the company's port facility at Port Hedland. Fortescue Metals second mine at Christmas Creek has commenced operations with product being trucked to the Cloudbreak ore processing facility for inclusion in the product blend. The company also maintains an aggressive exploration and metallurgical program which is progressively developing tenement areas outside of the current mining sites.
Mining States And Territories Of Australia Iron Ore Western Australia Pilbara Mining In Australia Geography Of Western Australia Port Hedland Mine Site Cloudbreak Mine Fortescue Fortescue Metals Group Logistics Chain Ore Processing Facility

Is FSUGY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 21.3
52 Week Low 9.34
Average Volume 40,456
200-Day Moving Average 14.7006
50-Day Moving Average 18.3378
20-Day Moving Average 19.6850
10-Day Moving Average 19.7953
Average True Range 0.6150
ADX 22.91
+DI 34.8403
-DI 16.4072
Chandelier Exit (Long, 3 ATRs ) 19.1250
Chandelier Exit (Short, 3 ATRs ) 20.6150
Upper Bollinger Band 20.9787
Lower Bollinger Band 18.3913
Percent B (%b) 0.96
BandWidth 13.1440
MACD Line 0.5080
MACD Signal Line 0.4528
MACD Histogram 0.0552
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.4550
Resistance 3 (R3) 21.4200 21.1900 21.3575
Resistance 2 (R2) 21.1900 21.0410 21.2075 21.3250
Resistance 1 (R1) 21.0300 20.9490 20.9150 21.0650 21.2925
Pivot Point 20.8000 20.8000 20.7425 20.8175 20.8000
Support 1 (S1) 20.6400 20.6510 20.5250 20.6750 20.4475
Support 2 (S2) 20.4100 20.5590 20.4275 20.4150
Support 3 (S3) 20.2500 20.4100 20.3825
Support 4 (S4) 20.2850