Overall FBGL gets a technical rating of 7 out of 10. Although FBGL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
FBGL has an excellent technical rating, but the quality of the setup is only medium 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
0.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.74 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.56 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) | UP | POSITIVE | The current price of FBGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.23 | NEUTRAL | The RSI value for FBGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FBGL has a positive trend. |
| Stochastics (14,3) | 82.58 | OVERBOUGHT | The high Stochastics value suggests FBGL may be overbought. |
| Average True Range in percent/ATR (20) | 12.01 | HIGH VOLATILITY | The high ATR as a percentage value for FBGL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.89 | POSITIVE | The high ADX value value for FBGL suggests a strong trend. |
1.02
-0.01 (-0.97%)
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 69.227. This indicates that the stock is currently neutral.
What is the MACD signal for FBS GLOBAL LTD (FBGL) stock?
The MACD indicator for FBS GLOBAL LTD (FBGL) has a value of 0.0217576, indicating a bearish trend.
What is the support and resistance level for FBGL stock?
FBS GLOBAL LTD (FBGL) has a support level at 0.74. Check the full technical report for our detailed analysis of FBGL support and resistance levels.