Fortescue Metals (FMG)

Download button icon Download

Fortescue Metals (FMG): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Fortescue Metals (FMG.AX)


Indicator:

TRIANGULAR MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $7.48
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Fortescue Metals (ASX:FMG) currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 0.7%.



A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.

Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;


PROFILE: Fortescue Metals (FMG.AX)


Stock Exchange: ASX
Company: Fortescue Metals
Ticker Codes: | FMG.AX | ASX:FMG |

About Fortescue Metals (ASX:FMG):

Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It owns and operates the Chichester Hub that consists of the Cloudbreak and Christmas Creek mines located in the Chichester Ranges; and the Solomon Hub comprising the Firetail and Kings Valley mines located in the Hamersley Ranges of Pilbara, Western Australia. The company was founded in 2003 and is based in East Perth, Australia.

Top 10:

Triangular Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
KGN Kogan 5.35 18.6 3,092,862 40.3 BULLISH
TNG Tennant Creek Gold 0.11 12.2 1,689,894 23.6 BULLISH
GSW Getswift 0.25 11.4 542,449 13.4 BULLISH
EMH European Metals Holdings 0.4 9.6 82,920 19.8 BULLISH
WHC Whitehaven Coal 4.46 6.4 15,597,625 9.7 BULLISH
MCP Mcphersons 1.21 6.1 1,516,077 9 BULLISH
NWH NRW 2.81 6 4,216,396 12.5 BULLISH
SPL Starpharma Holdings 1.34 5.9 873,280 31 BULLISH
MNF My Net Fone 4.58 4.1 80,005 11.7 BULLISH
ADH Adairs 1.82 4 249,865 6.6 BULLISH
back to top