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 history — last 30 days
| Pattern | Scan appearances | Best match | Last seen |
|---|---|---|---|
| Falling wedge | 24 | 74% | 4 Oct |
| Bear flag | 22 | 85% | 7 Oct |
| Cup and handle | 14 | 72% | 5 Oct |
| Descending triangle | 12 | 74% | 7 Oct |
| Bull flag | 10 | 68% | 5 Oct |
| Breakout | 7 | 73% | 6 Oct |
| Double bottom | 5 | 61% | 2 Oct |
| Ascending triangle | 4 | 72% | 5 Oct |
| Double top | 3 | 67% | 23 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 |
|---|---|---|---|
| Falling wedgeBULL | 4 Oct 23:20 | loss | -0.43% |
| 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
Real 5-minute closes around each signal: the amber dot marks the entry close, dashed lines mark the ±0.40% target and stop from entry, and the end dot shows where the signal resolved. Lead-in before entry is dimmed.