FORTUNE BRANDS INNOVATIONS I (FBIN) Technical Analysis
NYSE:FBIN • US34964C1062
Current stock price
FBIN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FBIN. FBIN'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% of all other stocks performed better in the past year than FBIN.
- FBIN is part of the Building Products industry. There are 42 other stocks in this industry, of which 75% are performing better than FBIN.
- FBIN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so FBIN is lagging the market.
- In the last month FBIN has a been trading in the 37.82 - 53.76 range, which is quite wide. It is currently trading near the lows of this range.
- FBIN has an average volume of 3047900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FBIN Weekly and Daily overview Charts
FBIN Setup Rating and Analysis
The technical rating of FBIN 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
FBIN Support and Resistance Analysis
37.79
3 important resistance areas can be observed.
- Resistance @39.57 from a horizontal line in the daily time frame.
- Resistance @58.95 from a trend line in the weekly time frame.
- Resistance @61.50 from a horizontal line in the weekly time frame.
FBIN 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 FBIN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FBIN is down. |
| ChartMill Relative Strength | 11.82 | NEGATIVE | FBIN has a low relative strength, it was outperformed by 88.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FBIN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FBIN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FBIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.71 | OVERSOLD | The low RSI value suggests FBIN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests FBIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.37 | OVERSOLD | The low Stochastics value suggests FBIN may be oversold. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for FBIN suggests high volalility. |
| Average Directional Index/ADX (14) | 43.58 | POSITIVE | The high ADX value value for FBIN suggests a strong trend. |
FBIN Chart- and CandleStick Pattern Analysis
FBIN Technicals: Chart, Performance Metrics, Trend & Indicators
38.17
-0.45 (-1.17%)
FORTUNE BRANDS INNOVATIONS I / FBIN TA FAQ
Can you provide the ChartMill technical rating for FORTUNE BRANDS INNOVATIONS I?
ChartMill assigns a technical rating of 0 / 10 to FBIN.
What is the trend direction for FBIN stock?
The current trend direction for FORTUNE BRANDS INNOVATIONS I (FBIN) is Bearish.
What is the RSI signal for FORTUNE BRANDS INNOVATIONS I (FBIN) stock?
FORTUNE BRANDS INNOVATIONS I (FBIN) has an RSI value of 22.7135. This indicates that the stock is currently oversold.
What is the short term momentum for FORTUNE BRANDS INNOVATIONS I (FBIN) stock?
The short term momentum for FORTUNE BRANDS INNOVATIONS I (FBIN) is negative.
Can you provide the buy/sell signal for FORTUNE BRANDS INNOVATIONS I?
The buy/sell signal for FORTUNE BRANDS INNOVATIONS I (FBIN) is sell as both the short term and long term trends are negative.