FORTUNE BRANDS INNOVATIONS I (FBIN) Technical Analysis
NYSE:FBIN • US34964C1062
Current stock price
38.68 USD
-2.22 (-5.43%)
At close:
38.64 USD
-0.04 (-0.1%)
After Hours:
FBIN Technical Rating and Analysis
Overall FBIN gets a technical rating of 0 out of 10. FBIN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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: 89% of all stocks are doing better.
- FBIN is part of the Building Products industry. There are 42 other stocks in this industry, of which 70% 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 38.38 - 57.26 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- FBIN has an average volume of 2998110 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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
FBIN Support and Resistance Analysis
38.29
62.12
3 important resistance areas can be observed.
- Resistance @52.84 from a horizontal line in the daily time frame.
- Resistance @59.37 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 | 11.5 | NEGATIVE | FBIN has a low relative strength, it was outperformed by 88.5% 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) | 20.92 | OVERSOLD | The low RSI value suggests FBIN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests FBIN has a negative trend. |
| Stochastics (14,3) | 3.51 | OVERSOLD | The low Stochastics value suggests FBIN may be oversold. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for FBIN suggests high volalility. |
| Average Directional Index/ADX (14) | 37.17 | POSITIVE | The high ADX value value for FBIN suggests a strong trend. |
FBIN Chart- and CandleStick Pattern Analysis
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)
FBIN Technicals: Chart, Performance Metrics, Trend & Indicators
38.68
-2.22 (-5.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-5.43%
1 Week-10.38%
2 Weeks-15.32%
1 Month-28.79%
3 Month-24.19%
6 Month-30.64%
12 Month-38.02%
2 Year-54.32%
3 Year-34.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.1
ATR(20)%5.58%
ATR Inc-7.14%
Range Today2.47
ADR(20)2.01
ADR(20)%5.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.5
3 months CRS15.76
6 months CRS17.76
Mansfield-2.86
10 Day High46.87
10 Day Low38.38
20 Day High57.26
20 Day Low38.38
52 Week High64.84
52 Week Low38.38
CS1 EndN/A
CR1 Start52.84
Volume & EV
DER(3)-4.14%
DER(5)-1.97%
Volume4.45M
Volume Incr11.78%
Vol(5)4.25M
Vol(50)3.00M
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 20.9212. 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.