Technical Analysis for FSUGY - Fortescue Metal

Grade Last Price % Change Price Change
A 29.96 5.49% 1.5600
FSUGY closed up 5.49 percent on Monday, May 23, 2022, on 1.28 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 5.49%
Crossed Above 20 DMA Bullish 5.49%
MACD Bullish Signal Line Cross Bullish 5.49%
Gapped Up Strength 5.49%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 9.10%
Crossed Above 200 DMA Bullish 9.10%

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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.
Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Western Australia Iron Ore Christmas Pilbara Mining In Australia Processing Facility Mine Site Re Processing Port Hedland Fortescue Metals Group Ore Processing Facility Re Processing Facility Cloudbreak Mine Fortescue Logistics Chain

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 39.4
52 Week Low 20.4
Average Volume 60,428
200-Day Moving Average 27.1004
50-Day Moving Average 29.2940
20-Day Moving Average 28.2754
10-Day Moving Average 27.3608
Average True Range 1.0835
RSI 56.52
ADX 24.28
+DI 32.3089
-DI 30.6504
Chandelier Exit (Long, 3 ATRs) 27.7995
Chandelier Exit (Short, 3 ATRs) 29.0005
Upper Bollinger Bands 31.1709
Lower Bollinger Band 25.3799
Percent B (%b) 0.79
BandWidth 20.4807
MACD Line -0.4956
MACD Signal Line -0.6904
MACD Histogram 0.1948
Fundamentals Value
Market Cap 46.12 Billion
Num Shares 1.54 Billion
EPS 3.06
Price-to-Earnings (P/E) Ratio 9.78
Price-to-Sales 3.06
Price-to-Book 2.95
PEG Ratio 0.00
Dividend 2.85
Dividend Yield 9.51%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.3700
Resistance 3 (R3) 31.2133 30.5867 31.1350
Resistance 2 (R2) 30.5867 30.2276 30.6650 31.0566
Resistance 1 (R1) 30.2733 30.0057 30.4300 30.4300 30.9783
Pivot Point 29.6467 29.6467 29.7250 29.7250 29.6467
Support 1 (S1) 29.3333 29.2876 29.4900 29.4900 28.9417
Support 2 (S2) 28.7067 29.0657 28.7850 28.8634
Support 3 (S3) 28.3933 28.7067 28.7850
Support 4 (S4) 28.5500