Fortescue (FMG.AX) Technical Analysis

As of 2026-07-22, FMG.AX last traded at 18.57 AUD (+0.27% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 18.49 AUD support below, 19.33 AUD resistance above. 14-day RSI is 43 (bearish).

Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ

Is FMG.AX in an uptrend or downtrend?

Fortescue is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.

Last close18.57 AUD (+0.27%)
20-day average18.779 AUD
50-day average20.187 AUD
200-day average20.725 AUD

Key support and resistance levels for FMG.AX

Derived from swing pivots over the last 200 sessions:

LevelTypeStrengthTouches
19.33 AUDResistanceMinor1
19.59 AUDResistanceMinor1
20.95 AUDResistanceModerate2
LevelTypeStrengthTouches
18.49 AUDSupportModerate2
18.09 AUDSupportMinor1

FMG.AX 52-week range, momentum and volatility

52-week high23.38 AUD (20.6% below)
52-week low17.68 AUD (5% above)
14-day RSI43 (Bearish)
14-day ATR0.434 AUD (2.34% of price, Moderate volatility)

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Frequently asked questions

Is Fortescue (FMG.AX) in an uptrend or downtrend?

As of 2026-07-22, FMG.AX is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 18.57 AUD vs 50-day average 20.187 AUD and 200-day average 20.725 AUD.

What are the key support and resistance levels for FMG.AX?

Nearest support is around 18.49 AUD (moderate, 2 touches). Nearest resistance is around 19.33 AUD (minor). Levels are derived from swing pivots over the last ~200 sessions.

What is FMG.AX's 52-week high and low?

Over the last 52 weeks, FMG.AX traded between 17.68 AUD and 23.38 AUD. It is currently 20.6% below its 52-week high.

Is FMG.AX overbought or oversold?

The 14-day RSI is 43.0 — in a neutral 30–70 range. Momentum reads as bearish.

How volatile is FMG.AX?

Its 14-day Average True Range is 0.434 (2.34% of price) — moderate volatility relative to price.