Stock Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
FORTESCUE METAL GROUP LTD (NASDAQ:FSUMF)
Bull Market Weakness (+75) - FSUMF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FSUMF as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for FSUMF
The long-term trend has been DOWN since Mar 10th, 2021 at 16.40
The intermediate-term trend has been UP since Apr 12th, 2021 at 15.89
The short-term trend has been UP since Apr 12th, 2021 at 15.71
Smart Scan Analysis for FSUMF
Based on our trend formula, FSUMF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||4.3||Year High Date||2018-02-15|
|Year Low||2.53||Year Low Date||2018-09-04|
|52wk High||20.4||52wk High Date||2021-01-06|
|52wk Low||6.85||52wk Low Date||2020-04-22|
|Year End Close||4.87||Average Volume||5,582|