We assign a technical rating of 2 out of 10 to FBLG. Recently some decent action could be observed, but in the medium term time frame this is still negative. FBLG was also a bad performer in the overall market in the last year.
The technical rating of FBLG 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
0.33
We can see 3 important resistance areas.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.37 from a trend line in the daily time frame.
- Resistance @0.47 from a trend 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 | DOWN | NEGATIVE | The long term trend for FBLG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBLG is up. |
| ChartMill Relative Strength | 4.67 | NEGATIVE | FBLG has a low relative strength, it was outperformed by 95.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBLG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FBLG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FBLG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.72 | NEUTRAL | The RSI value for FBLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FBLG has a positive trend. |
| Stochastics (14,3) | 80.88 | OVERBOUGHT | The high Stochastics value suggests FBLG may be overbought. |
| Average True Range in percent/ATR (20) | 12.02 | HIGH VOLATILITY | The high ATR as a percentage value for FBLG suggests high volalility. |
| Average Directional Index/ADX (14) | 22.19 | NEUTRAL | The ADX value for FBLG suggests a possible start of a new trend. |
0.338
+0.01 (+2.42%)
FIBROBIOLOGICS INC / FBLG FAQ
Can you provide the ChartMill technical rating for FIBROBIOLOGICS INC?
ChartMill assigns a technical rating of 2 / 10 to FBLG.
What is the current trend direction of FIBROBIOLOGICS INC (FBLG) stock?
The current trend direction for FIBROBIOLOGICS INC (FBLG) is Bearish.
What is the RSI signal for FBLG stock?
FIBROBIOLOGICS INC (FBLG) has an RSI value of 59.7238. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIBROBIOLOGICS INC?
The MACD indicator for FIBROBIOLOGICS INC (FBLG) has a value of 0.0136857, indicating a bearish trend.
What are the support and resistance levels for FIBROBIOLOGICS INC (FBLG) stock?
FIBROBIOLOGICS INC (FBLG) has a resistance level at 0.35. Check the full technical report for our detailed analysis of FBLG support and resistance levels.