FORTUNE BRANDS INNOVATIONS I (FBIN) Stock Technical Analysis
USA - NYSE:FBIN - US34964C1062 - Common Stock
49.71 USD
-0.1 (-0.2%)
49.71 USD
0 (0%)
Taking everything into account, FBIN scores 0 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, FBIN is a bad performer in the overall market: 92% of all stocks are doing better.
FBIN is one of the lesser performing stocks in the Building Products industry. 75% of 41 stocks in the same industry do better.
FBIN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month FBIN has a been trading in the 47.55 - 57.75 range, which is quite wide. It is currently trading near the lows of this range.
FBIN has an average volume of 1489730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
47.63
61.20
We found 1 important support area.
- A support zone ranging from 48.11 to 48.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 53.40 to 54.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @58.06 from a trend line in the daily time frame.
- A resistance zone ranging from 60.14 to 60.59. 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 | 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 | 8.85 | NEGATIVE | FBIN has a low relative strength, it was outperformed by 91.15% 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) | 35.19 | NEUTRAL | The RSI value for FBIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests FBIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.88 | NEUTRAL | The Stochastics value for FBIN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for FBIN suggests some volalility. |
| Average Directional Index/ADX (14) | 30.22 | POSITIVE | The high ADX value value for FBIN suggests a strong 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)
49.71
-0.1 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.2%
1 Week-4.42%
2 Weeks-6.19%
1 Month-12.65%
3 Month-6.75%
6 Month-3.42%
12 Month-44.77%
2 Year-10.91%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.48
ATR(20)%2.91%
ATR Inc31.07%
Range Today1.2
ADR(20)1.43
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.85
Mansfield-2.73
10 Day High54.07
10 Day Low47.55
20 Day High57.75
20 Day Low47.55
52 Week High89.98
52 Week Low47.21
CS1 End48.55
CR1 Start53.4
Volume & EV
DER(3)-1.64%
DER(5)-0.48%
Volume1.02M
Volume Incr5.72%
Vol(5)1.49M
Vol(50)1.49M