FORTRESS BIOTECH INC - FBIO 9 3/8 PERP (FBIOP) Stock Technical Analysis
NASDAQ:FBIOP • US34960Q2084
Overall FBIOP gets a technical rating of 9 out of 10. Both in the recent history as in the last year, FBIOP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: FBIOP has an average volume of 29900 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, FBIOP did better than 97% of all other stocks.
- FBIOP is one of the better performing stocks in the Biotechnology industry, it outperforms 90% of 521 stocks in the same industry.
- A new 52 week high is currently being made by FBIOP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month FBIOP has a been trading in the 10.62 - 13.79 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FBIOP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.39
We found 3 important support areas.
- Support @7.12 from a trend line in the weekly time frame.
- Support @6.82 from a horizontal line in the daily time frame.
- Support @6.45 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 | UP | POSITIVE | The long term trend for FBIOP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FBIOP is neutral. |
| ChartMill Relative Strength | 97.16 | POSITIVE | FBIOP has a high relative strength, it outperformed 97.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBIOP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBIOP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBIOP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.44 | OVERBOUGHT | The high RSI value suggests FBIOP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FBIOP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.7 | NEUTRAL | The Stochastics value for FBIOP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for FBIOP suggests high volalility. |
| Average Directional Index/ADX (14) | 21.31 | NEUTRAL | The ADX value for FBIOP suggests a possible start of a new trend. |
FORTRESS BIOTECH INC - FBIO 9 3/8 PERP
NASDAQ:FBIOP (2/23/2026, 8:00:03 PM)
After market: 13.5 -0.03 (-0.18%)13.525
+2.53 (+22.96%)
FORTRESS BIOTECH INC - FBIO 9 3/8 PERP / FBIOP FAQ
Can you provide the ChartMill technical rating for FORTRESS BIOTECH INC - FBIO 9 3/8 PERP?
ChartMill assigns a technical rating of 9 / 10 to FBIOP.
What is the trend direction for FBIOP stock?
The current trend direction for FORTRESS BIOTECH INC - FBIO 9 3/8 PERP (FBIOP) is Bullish.
What is the RSI signal for FBIOP stock?
FORTRESS BIOTECH INC - FBIO 9 3/8 PERP (FBIOP) has an RSI value of 71.4384. This indicates that the stock is currently overbought.
Can you provide the MACD signal for FORTRESS BIOTECH INC - FBIO 9 3/8 PERP?
The MACD indicator for FORTRESS BIOTECH INC - FBIO 9 3/8 PERP (FBIOP) has a value of -0.04479, indicating a bearish trend.
Can you provide the support and resistance levels for FORTRESS BIOTECH INC - FBIO 9 3/8 PERP?
FORTRESS BIOTECH INC - FBIO 9 3/8 PERP (FBIOP) has a support level at 7.12. Check the full technical report for our detailed analysis of FBIOP support and resistance levels.