Taking everything into account, FBGL scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FBGL is a bad performer.
Although FBGL has an excellent technical rating, the quality of the presented setup is not ideal 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
0.54
When analyzing the support we notice one important area.
- Support @0.55 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for FBGL is up. |
| 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) | UP | POSITIVE | The current price of FBGL is above the rising 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) | DOWN | MIXED | The current price of FBGL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.58 | OVERBOUGHT | The high RSI value suggests FBGL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FBGL has a positive trend. |
| Stochastics (14,3) | 79.22 | NEUTRAL | The Stochastics value for FBGL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.88 | HIGH VOLATILITY | The high ATR as a percentage value for FBGL suggests high volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for FBGL suggests a strong trend. |
0.86
+0.08 (+9.58%)
FBS GLOBAL LTD / FBGL FAQ
Can you provide the ChartMill technical rating for FBS GLOBAL LTD?
ChartMill assigns a technical rating of 7 / 10 to FBGL.
What is the current trend direction of FBS GLOBAL LTD (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 74.5827. This indicates that the stock is currently overbought.
What is the MACD signal for FBS GLOBAL LTD (FBGL) stock?
The MACD indicator for FBS GLOBAL LTD (FBGL) has a value of 0.0160744, indicating a bearish trend.
What is the support and resistance level for FBGL stock?
FBS GLOBAL LTD (FBGL) has a support level at 0.55. Check the full technical report for our detailed analysis of FBGL support and resistance levels.