FORTE BIOSCIENCES INC (FBRX)
US34962G1094 - Common Stock
We assign a technical rating of 8 out of 10 to FBRX. In the last year, FBRX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
FBRX is part of the Biotechnology industry. There are 565 other stocks in this industry. FBRX outperforms 91% of them.
In the last month FBRX has a been trading in the 4.11 - 18.81 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that FBRX is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FBRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FBRX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FBRX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.84
16.17
We found 1 important resistance area.
- A resistance zone ranging from 16.01 to 16.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.07
Mansfield0.27
10 Day High18.81
10 Day Low4.81
20 Day High18.81
20 Day Low4.11
52 Week High21.25
52 Week Low4.11
Performance
1 Week173.97%
2 Weeks212.2%
1 Month241.99%
3 Month102.15%
6 Month10.36%
12 Month41.97%
2 Year-35.67%
3 Year-75.94%
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)1.27
RSI(14)93.07
LBB-0.54
UBB15.51
FORTE BIOSCIENCES INC
NASDAQ:FBRX (11/22/2024, 8:00:02 PM)
After market: 15.76 -0.24 (-1.5%)16
+0.36 (+2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.3%
1 Week173.97%
2 Weeks212.2%
1 Month241.99%
3 Month102.15%
6 Month10.36%
12 Month41.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.9
ATR(20)%8.82%
ATR Inc
Range Today2.63
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 High18.81
10 Day Low4.81
20 Day High18.81
20 Day Low4.11
52 Week High21.25
52 Week Low4.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume396.60K
Volume Incr46191.27%
Vol(5)6.26M
Vol(50)636.77K