FORTRESS BIOTECH INC (FBIO)
US34960Q3074 - Common Stock
We assign a technical rating of 0 out of 10 to FBIO. FBIO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than FBIO.
FBIO is one of the lesser performing stocks in the Biotechnology industry. 77% of 588 stocks in the same industry do better.
FBIO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FBIO is lagging the market.
In the last month FBIO has a been trading in the 1.63 - 1.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, FBIO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.82. Right above this resistance zone may be a good entry point.
More info and screens
1.64
2.40
2 important support areas can be observed.
- Support @1.71 from a horizontal line in the weekly time frame.
- Support @1.66 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.82 to 1.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 1.91 to 1.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.38 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.53
Mansfield-6.45
10 Day High1.88
10 Day Low1.66
20 Day High1.98
20 Day Low1.63
52 Week High11.5
52 Week Low1.24
Performance
1 Week-2.79%
2 Weeks-1.69%
1 Month-9.37%
3 Month-5.95%
6 Month-22.32%
12 Month-84.16%
2 Year-86.53%
3 Year-97.12%
5 Year-93.29%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)43.55
LBB1.68
UBB1.84
FORTRESS BIOTECH INC
NASDAQ:FBIO (5/2/2024, 9:30:01 AM)
1.734
-0.01 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.34%
1 Week-2.79%
2 Weeks-1.69%
1 Month-9.37%
3 Month-5.95%
6 Month-22.32%
12 Month-84.16%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%6.78%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.88
10 Day Low1.66
20 Day High1.98
20 Day Low1.63
52 Week High11.5
52 Week Low1.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume19.87K
Volume Incr-48.85%
Vol(5)127.50K
Vol(50)272.35K