FBS GLOBAL LTD (FBGL) Stock Technical Analysis
NASDAQ:FBGL - Nasdaq - KYG3337S1093 - Common Stock - Currency: USD
Overall FBGL gets a technical rating of 3 out of 10. FBGL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
100% of all other stocks performed better in the past year than FBGL.
FBGL is part of the Construction & Engineering industry. There are 49 other stocks in this industry, of which 81% are performing better than FBGL.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month FBGL has a been trading in the 0.58 - 0.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
FBGL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.63, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.57
0.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.60 from a horizontal line in the daily time frame.
- Support @0.59 from a trend line in the daily time frame.
- A support zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.66 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.70 to 0.70. This zone is formed by a combination of multiple trend lines 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) | UP | POSITIVE | The current price of FBGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FBGL is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.16 | NEUTRAL | The RSI value for FBGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FBGL has a positive trend. |
| Stochastics (14,3) | 41.02 | NEUTRAL | The Stochastics value for FBGL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for FBGL suggests high volalility. |
| Average Directional Index/ADX (14) | 17.09 | NEGATIVE | The low ADX value for FBGL suggests a weak or negative trend. |
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)
0.6496
-0.05 (-6.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-6.96%
1 Week4.77%
2 Weeks-0.81%
1 Month7.34%
3 Month9.93%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%8.4%
ATR Inc145.72%
Range Today0.09
ADR(20)0.05
ADR(20)%8.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.78
10 Day Low0.58
20 Day High0.78
20 Day Low0.58
52 Week HighN/A
52 Week LowN/A
CS1 End0.63
CR1 Start0.66
Volume & EV
DER(3)-1.12%
DER(5)0.63%
Volume297.10K
Volume Incr645.41%
Vol(5)415.90K
Vol(50)131.48K