I'm a bit concerned that FMG is showing some strength on a day like this, but the SP may not be correlated to iron ore prices as strongly as you think. IO prices hit a major low on the 28th, but that happened to be the day FMG surged upwards to $5.33.
For now, the SP has found support at the 10DEMA.
I'm a bit concerned that FMG is showing some strength on a day...
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Last
$18.06 |
Change
-0.230(1.26%) |
Mkt cap ! $56.31B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.24 | $18.05 | $13.20M | 720.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 25544 | $18.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.07 | 1525 | 6 |
View Market Depth
| Last trade - 10.18am 14/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |