Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

FORTESCUE METAL GROUP LTD (NASDAQ:FSUMF)

Weak Downtrend (-65) - FSUMF is showing signs of a strengthening downtrend. Monitor FSUMF as it may be building momentum to the downside.

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.

NASDAQ_FSUMF
Open High Low FSUMF Price Change
16.80 16.80 16.80 16.75 -0.10
Entry Signal

MarketClub’s Trade Triangles for FSUMF

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 16.40

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 16.11

short term up 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 -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for FSUMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.80 16.80 16.80 16.75 -0.10
Prev. Close Volume Bid Ask Time
16.85 1300 2024-05-01 09:30:00
Year High4.3Year High Date2018-02-15
Year Low2.53Year Low Date2018-09-04
52wk High19.952wk High Date2023-12-27
52wk Low11.9752wk Low Date2023-09-08
Year End Close4.87Average Volume2,690
Assets282,180,000MLiabilities102,290,000M
P/E Ratio8.3831Volatility57.18
Get a free daily analysis and signals for FORTESCUE METAL GROUP LTD (FSUMF) - Request Your Free Report.