FORTRESS BIOTECH INC (FBIO) Stock Technical Analysis
NASDAQ:FBIO - Nasdaq - US34960Q3074 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to FBIO. FBIO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
68% of all other stocks performed better in the past year than FBIO.
FBIO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FBIO has a been trading in the 1.59 - 2.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
FBIO is part of the Biotechnology industry. There are 572 other stocks in this industry, FBIO did better than 69% of them.
Considerably lower volume is observed in the last couple of days.
FBIO has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.41
2.45
When analyzing the support we can see 3 important areas.
- Support @1.50 from a trend line in the daily time frame.
- Support @1.46 from a trend line in the weekly time frame.
- Support @1.42 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @1.65 from a trend line in the daily time frame.
- A resistance zone ranging from 2.25 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.43 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.5
Mansfield-1.95
10 Day High1.87
10 Day Low1.59
20 Day High2
20 Day Low1.59
52 Week High2.89
52 Week Low1.36
Performance
1 Week-7.95%
2 Weeks-11.48%
1 Month-10.99%
3 Month0.62%
6 Month-22.49%
12 Month-6.9%
2 Year-85.97%
3 Year-93.29%
5 Year-94.95%
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)-0.01
RSI(14)33.47
LBB1.58
UBB1.9
1.62
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-7.95%
2 Weeks-11.48%
1 Month-10.99%
3 Month0.62%
6 Month-22.49%
12 Month-6.9%
2 Year-85.97%
3 Year-93.29%
5 Year-94.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.78%
ATR Inc-47.79%
Range Today0.06
ADR(20)0.09
ADR(20)%5.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.5
Mansfield-1.95
10 Day High1.87
10 Day Low1.59
20 Day High2
20 Day Low1.59
52 Week High2.89
52 Week Low1.36
CS1 End1.5
CR1 Start1.65
Volume & EV
DER(3)-7.01%
DER(5)-5.61%
Volume322.50K
Volume Incr-8.9%
Vol(5)267.92K
Vol(50)493.17K