FMG 2.73% $17.28 fortescue ltd

Iron ore price, page-50345

  1. 10,305 Posts.
    lightbulb Created with Sketch. 1448
    Despite IO's significant rally after ASX close and into last night (which takes the IO price to the highest level since April 2023), IO stocks failed to hold their rally during US trade as shown by RIO's intra-day graph:

    https://hotcopper.com.au/data/attachments/5530/5530507-418a798edcc5bab1ce2053bea7c8b7a4.jpg

    N
    ote the significant divergence between RIO (blue line) and Iron Ore (similar applies for FMG, but not as dramatic):

    https://hotcopper.com.au/data/attachments/5530/5530509-77b3ef4e671d2fd8b1ab3b306b392ae4.jpg

    I'm a bit stunned by last nights failure and hope for better on the ASX today:

    https://hotcopper.com.au/data/attachments/5530/5530512-3c70b45d1ced55d5b303a13f612de8f2.jpg

 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$17.28
Change
0.460(2.73%)
Mkt cap ! $53.06B
Open High Low Value Volume
$17.31 $17.34 $17.16 $140.7M 7.429M

Buyers (Bids)

No. Vol. Price($)
2 21 $17.28
 

Sellers (Offers)

Price($) Vol. No.
$17.29 5751 9
View Market Depth
Last trade - 11.16am 16/08/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.