ASX Equity Snapshot

FMG Weekly Equity Report

Fortescue Ltd

Interactive chart JSON snapshot
Latest Close 20.21 AUD 12 Jun 2026
1W Return -1.6% latest completed week
4W Return -10.6% short-term follow-through
12W Return 6.6% quarterly tape
Trend Breadth 55.8% 29 of 52 weeks active
Volume Ratio 1.1x vs 13-week average
Company Brief

What the company does

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. The company explores for copper and lithium deposits; and rare earth elements. It owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia, as well as green technology development and manufacturing. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was incorporated in 1983 and is headquartered in Perth, Australia.

Snapshot

What the weekly tape is saying

FMG closed the latest completed week at 20.21 AUD. The 4-week return is -10.6% and the 12-week return is 6.6%. Trend Signal is inactive, Market Dynamics is 0.40. Setup signature: Balanced read with a 49/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -2.8%
Volume 1.1x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 31 Persistence of active Trend Signal over the last year and current streak.
Momentum 32 Blend of 4-week and 12-week follow-through.
Dynamics 79 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 52 Relative leadership and short-term RS change.
Volume 47 Participation compared with the 13-week volume baseline.
Risk Control 51 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
20.79 AUD
Vs Trend Line
-2.8%
Fair Value
18.84 AUD
Vs Fair Value
7.3%
52W High
23.13 AUD
52W Low
13.46 AUD
Drawdown
-12.6%
Range Position
69.8%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -1.6%
4W -10.6%
12W 6.6%
26W -9.4%
52W 36.6%

Trend read

Active Streak
0 weeks
52W Active Weeks
29
52W Active Breadth
55.8%
Sector Scope
AU Basic Materials
Sector Rank
275 of 722
Sector Percentile
62.0%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.40
4W MD Change
277.6%
Relative Strength
2.94
4W RS Change
-85.5%
Expectation
Undecided
Probability
54.29%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
31.5M
13W Average
28.0M
52W Average
32.9M
Vs 13W
1.1x
Vs 52W
1.0x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
5.2%
52W Volatility
4.2%
Upside Weeks
31
Downside Weeks
21
Downside Breadth
40.4%
Avg Gain / Loss
3.5% / -3.5%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
ASX
Country
AU
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Currency
AUD
Market Cap
68.7B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.
  • Market Dynamics is positive on the latest completed week.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 20.21 AUD -1.6% 20.79 AUD 18.84 AUD 0.40 2.94 31.5M Off
5 Jun 2026 20.53 AUD -8.0% 20.78 AUD 18.82 AUD 0.60 7.26 29.2M Off
29 May 2026 22.31 AUD 3.8% 20.74 AUD 18.80 AUD 0.58 15.79 31.5M On
22 May 2026 21.50 AUD -4.9% 20.69 AUD 18.76 AUD 0.19 13.38 31.2M Off
15 May 2026 22.60 AUD 6.3% 20.63 AUD 18.72 AUD -0.22 20.32 35.8M Off
8 May 2026 21.27 AUD 6.3% 20.53 AUD 18.68 AUD -0.60 12.47 21.7M Off
1 May 2026 20.01 AUD 1.2% 20.44 AUD 18.64 AUD -0.87 6.56 23.9M Off
24 Apr 2026 19.78 AUD -6.8% 20.40 AUD 18.62 AUD -0.96 5.06 23.4M Off
17 Apr 2026 21.23 AUD 4.8% 20.36 AUD 18.60 AUD -0.92 11.16 22.0M Off
10 Apr 2026 20.26 AUD 0.0% 20.26 AUD 18.57 AUD -1.08 6.45 23.5M Off
3 Apr 2026 20.25 AUD 0.3% 20.19 AUD 18.56 AUD -1.01 11.53 24.2M Off
27 Mar 2026 20.19 AUD 6.5% 20.13 AUD 18.53 AUD -1.00 12.58 29.2M Off
20 Mar 2026 18.96 AUD -7.4% 20.06 AUD 18.52 AUD -0.91 7.30 36.8M Off
13 Mar 2026 20.48 AUD 6.4% 20.04 AUD 18.50 AUD -0.91 13.76 40.7M Off