Overall FBGL gets a technical rating of 5 out of 10. FBGL was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- 100% of all other stocks performed better in the past year than FBGL.
- FBGL is part of the Construction & Engineering industry. There are 56 other stocks in this industry, of which 78% are performing better than FBGL.
- FBGL 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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- FBGL has an average volume of 2117630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month FBGL has a been trading in the 0.72 - 0.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, FBGL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FBGL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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0.56
2 important support areas can be observed.
- A support zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.83 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.85 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.89 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FBGL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FBGL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | FBGL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FBGL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBGL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.55 | NEUTRAL | The RSI value for FBGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FBGL has a negative trend. |
| Stochastics (14,3) | 62.53 | NEUTRAL | The Stochastics value for FBGL is a neutral value. |
| Average True Range in percent/ATR (20) | 12.87 | HIGH VOLATILITY | The high ATR as a percentage value for FBGL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.55 | POSITIVE | The high ADX value value for FBGL suggests a strong trend. |
0.8298
-0.02 (-2.43%)
FBS GLOBAL LTD / FBGL FAQ
Can you provide the ChartMill technical rating for FBS GLOBAL LTD?
ChartMill assigns a technical rating of 5 / 10 to FBGL.
What is the trend direction for FBGL stock?
The current trend direction for FBS GLOBAL LTD (FBGL) is Bullish.
What is the RSI signal for FBGL stock?
FBS GLOBAL LTD (FBGL) has an RSI value of 47.5549. This indicates that the stock is currently neutral.
What is the short term momentum for FBGL stock?
The short term momentum for FBS GLOBAL LTD (FBGL) is neutral.
Can you provide the support and resistance levels for FBS GLOBAL LTD?
FBS GLOBAL LTD (FBGL) has a support level at 0.82 and a resistance level at 0.83. Check the full technical report for our detailed analysis of FBGL support and resistance levels.