FBS GLOBAL LTD (FBGL) Stock Technical Analysis
NASDAQ:FBGL - KYG3337S1093 - Common Stock
0.5697 USD
+0.05 (+10.04%)
0.55 USD
-0.02 (-3.46%)
We assign a technical rating of 1 out of 10 to FBGL. FBGL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
100% of all other stocks performed better in the past year than FBGL.
FBGL is one of the lesser performing stocks in the Construction & Engineering industry. 81% of 49 stocks in the same industry do better.
In the last month FBGL has a been trading in the 0.47 - 0.75 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Volume is considerably higher in the last couple of days.
The technical rating of FBGL is bad and it also does not present a quality setup 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
0.50
0.71
When analyzing the support we notice one important area.
- A support zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.68 from a trend line in the daily time frame.
- Resistance @0.70 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 | NEUTRAL | NEUTRAL | The long term trend for FBGL is neutral. |
| 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) | DOWN | NEGATIVE | The current price of FBGL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.19 | NEUTRAL | The RSI value for FBGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FBGL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.84 | OVERSOLD | The low Stochastics value suggests FBGL may be oversold. |
| Average True Range in percent/ATR (20) | 10.96 | HIGH VOLATILITY | The high ATR as a percentage value for FBGL suggests high volalility. |
| Average Directional Index/ADX (14) | 13.68 | 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)
0.5697
+0.05 (+10.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg10.04%
1 Week5.27%
2 Weeks-1.78%
1 Month-13.97%
3 Month-2.62%
6 Month-38.74%
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)%10.96%
ATR Inc204.41%
Range Today0.28
ADR(20)0.06
ADR(20)%10.65%
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 High0.75
10 Day Low0.47
20 Day High0.75
20 Day Low0.47
52 Week HighN/A
52 Week LowN/A
CS1 End0.51
CR1 Start0.58
Volume & EV
DER(3)5.31%
DER(5)7.36%
Volume1.13M
Volume Incr83.46%
Vol(5)248.20K
Vol(50)109.77K