FBS GLOBAL LTD (FBGL) Technical Analysis
NASDAQ:FBGL • KYG3337S1093
Current stock price
FBGL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FBGL. FBGL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, FBGL is a bad performer in the overall market: 86% of all stocks are doing better.
- FBGL is part of the Construction & Engineering industry. There are 56 other stocks in this industry, of which 65% are performing better than FBGL.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- FBGL has an average volume of 2084550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FBGL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FBGL is lagging the market slightly.
- In the last month FBGL has a been trading in the 0.34 - 1.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FBGL Weekly and Daily overview Charts
FBGL Setup Rating and Analysis
FBGL has a poor technical rating and the quality of the setup is also 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
FBGL Support and Resistance Analysis
0.72
When analyzing the resistance we notice one important area.
- Resistance @0.78 from a horizontal line in the daily time frame.
FBGL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for FBGL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FBGL is down. |
| ChartMill Relative Strength | 14.91 | NEGATIVE | FBGL has a low relative strength, it was outperformed by 85.09% 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) | DOWN | NEGATIVE | The current price of FBGL is below a declining 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) | 47.26 | 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) | 73.79 | NEUTRAL | The Stochastics value for FBGL is a neutral value. |
| Average True Range in percent/ATR (20) | 22.15 | HIGH VOLATILITY | The high ATR as a percentage value for FBGL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.71 | NEGATIVE | The low ADX value for FBGL suggests a weak or negative trend. |
FBGL Chart- and CandleStick Pattern Analysis
FBGL Technicals: Chart, Performance Metrics, Trend & Indicators
0.7226
-0.02 (-2.51%)
FBS GLOBAL LTD / FBGL TA FAQ
Can you provide the ChartMill technical rating for FBS GLOBAL LTD?
ChartMill assigns a technical rating of 0 / 10 to FBGL.
What is the trend direction for FBGL stock?
The current trend direction for FBS GLOBAL LTD (FBGL) is Bearish.
What is the RSI signal for FBGL stock?
FBS GLOBAL LTD (FBGL) has an RSI value of 47.2637. 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 negative.
Can you provide the support and resistance levels for FBS GLOBAL LTD?
FBS GLOBAL LTD (FBGL) has a resistance level at 0.78. Check the full technical report for our detailed analysis of FBGL support and resistance levels.