Fortescue OTC Stock Technical Analysis

FSUMF
 Stock
  

USD 12.53  0.23  1.80%   

As of the 29th of November, Fortescue Metal shows the Coefficient Of Variation of 3183.87, downside deviation of 3.06, and Mean Deviation of 2.6. Fortescue Metal Grp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for Fortescue Metal Grp, which can be compared to its rivals. Please confirm Fortescue Metal Grp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Fortescue Metal Grp is priced favorably, providing market reflects its regular price of 12.53 per share. Given that Fortescue Metal has jensen alpha of 0.0891, we urge you to verify Fortescue Metal Grp's prevailing market performance to make sure the company can sustain itself at a future point.
  

Fortescue Metal Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fortescue, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Fortescue
Fortescue Metal's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Fortescue Metal technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Fortescue Metal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortescue Metal trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Fortescue Metal Grp Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. The Normalized Average True Range is used to analyze tradable apportunities for Fortescue Metal Grp across different markets.
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Fortescue Metal Grp Trend Analysis

Use this graph to draw trend lines for Fortescue Metal Grp. You can use it to identify possible trend reversals for Fortescue Metal as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Fortescue Metal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Fortescue Metal Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Fortescue Metal Grp applied against its price change over selected period. The best fit line has a slop of   0.012973  , which means Fortescue Metal Grp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6.37, which is the sum of squared deviations for the predicted Fortescue Metal price change compared to its average price change.

About Fortescue Metal Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Fortescue Metal Grp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Fortescue Metal Grp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Fortescue Metal Grp price pattern first instead of the macroeconomic environment surrounding Fortescue Metal Grp. By analyzing Fortescue Metal's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Fortescue Metal's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Fortescue Metal specific price patterns or momentum indicators. Please read more on our technical analysis page.

Fortescue Metal November 29, 2022 Technical Indicators

Most technical analysis of Fortescue help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Fortescue from various momentum indicators to cycle indicators. When you analyze Fortescue charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Please check Investing Opportunities. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for analysis

When running Fortescue Metal Grp price analysis, check to measure Fortescue Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortescue Metal is operating at the current time. Most of Fortescue Metal's value examination focuses on studying past and present price action to predict the probability of Fortescue Metal's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fortescue Metal's price. Additionally, you may evaluate how the addition of Fortescue Metal to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fortescue Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine Fortescue Metal value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortescue Metal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.