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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
FORTESCUE METAL GROUP LTD (NASDAQ:FSUMF)
Crossroads (+60) - FSUMF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FSUMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for FSUMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FSUMF
The long-term trend has been DOWN since Mar 5th, 2024 at 16.40
The intermediate-term trend has been UP since May 6th, 2024 at 16.99
The short-term trend has been UP since Apr 26th, 2024 at 16.29
Smart Scan Analysis for FSUMF
Based on our trend formula, FSUMF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.190 | 17.275 | 17.190 | 17.275 | -0.725 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.000 | 4031 | 2024-05-08 09:32:00 |
| Year High | 4.3 | Year High Date | 2018-02-15 |
| Year Low | 2.53 | Year Low Date | 2018-09-04 |
| 52wk High | 19.9 | 52wk High Date | 2023-12-27 |
| 52wk Low | 11.97 | 52wk Low Date | 2023-09-08 |
| Year End Close | 4.87 | Average Volume | 2,491 |
| Assets | 282,180,000M | Liabilities | 102,290,000M |
| P/E Ratio | 8.9552 | Volatility | 57.18 |