FORTUNE BRANDS INNOVATIONS I (FBIN)

US34964C1062 - Common Stock

75.76  +0.86 (+1.15%)

Premarket: 76.5 +0.74 (+0.98%)

Technical Rating and Analysis

1

Taking everything into account, FBIN scores 1 out of 10 in our technical rating. FBIN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
FBIN is part of the Building Products industry. There are 39 other stocks in this industry, of which 71% are performing better than FBIN.
In the last month FBIN has a been trading in the 73.19 - 88.01 range, which is quite wide. It is currently trading near the lows of this range.
FBIN has an average volume of 1156950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, FBIN outperforms 44% of them, which is more or less in line with the market.
FBIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FBIN is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
FBIN Weekly chart
FBIN Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, FBIN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 73.95, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

66.11

88.79

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 73.54 to 73.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @66.78 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 75.77 to 75.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 79.85 to 81.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @87.91 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.79
Mansfield-1.3
10 Day High80.22
10 Day Low73.19
20 Day High88.01
20 Day Low73.19
52 Week High90.54
52 Week Low62.54
Performance
1 Week0.96%
2 Weeks-4.25%
1 Month-13.79%
3 Month-6.91%
6 Month7.87%
12 Month14.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.49
RSI(14)34.98
LBB69.88
UBB85.76
FBIN Daily chart

FORTUNE BRANDS INNOVATIONS I

NYSE:FBIN (11/21/2024, 8:26:27 PM)

Premarket: 76.5 +0.74 (+0.98%)

75.76

+0.86 (+1.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.15%
1 Week0.96%
2 Weeks-4.25%
1 Month-13.79%
3 Month-6.91%
6 Month7.87%
12 Month14.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.52
ATR(20)%3.18%
ATR Inc
Range Today1.64
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High80.22
10 Day Low73.19
20 Day High88.01
20 Day Low73.19
52 Week High90.54
52 Week Low62.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.24M
Volume Incr26.19%
Vol(5)1.62M
Vol(50)1.16M