FMG.AX Fortescue Ltd
Every five minutes, MKTDATA normalises FMG.AX's recent 5-minute price action and measures it against a library of ten textbook chart patterns — flags, triangles, cups, wedges and breakouts — scoring shape, trendline fit, volume and momentum.
Current pattern matches
| Pattern | Match | Formed | Status | Last price | Chg |
|---|---|---|---|---|---|
| Bear flagBEAR | 85% | 100% | Confirmed | $16.19 | -0.74% |
As of the scan at 16:45 UTC. Statuses advance forming → near breakout → breakout → confirmed as price approaches and clears each pattern's trigger level.
Pattern history — last 30 days
| Pattern | Scan appearances | Best match | Last seen |
|---|---|---|---|
| Falling wedge | 22 | 74% | 1 Oct |
| Bear flag | 19 | 85% | 2 Oct |
| Cup and handle | 14 | 72% | 30 Sep |
| Descending triangle | 9 | 74% | 29 Sep |
| Bull flag | 8 | 61% | 1 Oct |
| Double bottom | 5 | 61% | 2 Oct |
| Breakout | 3 | 73% | 16 Sep |
| Double top | 3 | 67% | 23 Sep |
| Ascending triangle | 3 | 72% | 16 Sep |
| Breakout retest | 2 | 60% | 16 Sep |
Appearances count 5-minute scans in which FMG.AX matched each pattern above the 55-score floor, live sessions only.
Breakout signal record
| Signal | When | Outcome | Move |
|---|---|---|---|
| Breakout retestBULL | 26 Aug 00:20 | loss | -0.48% |
| Bear flagBEAR | 18 Aug 02:10 | win | +0.42% |
Every time one of FMG.AX's patterns first closes through its trigger, the entry price is recorded and the outcome measured automatically: win at +0.75% in the pattern's direction, loss at −0.75% against, expired after 3 hours. Full methodology and site-wide record →
Signal movement — entry to exit
Price-path recording for signals starts with this update — movement charts appear here for every signal tracked from now on (open and resolved), showing entry, target, stop and exit on real 5-minute closes.