We assign a technical rating of 0 out of 10 to FBLG. FBLG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FBLG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.26
When analyzing the resistance we notice 3 important areas.
- Resistance @0.29 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for FBLG is down. |
| ChartMill Relative Strength | 2.42 | NEGATIVE | FBLG has a low relative strength, it was outperformed by 97.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FBLG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FBLG is below 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) | 42.95 | NEUTRAL | The RSI value for FBLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FBLG has a positive trend. |
| Stochastics (14,3) | 13.37 | OVERSOLD | The low Stochastics value suggests FBLG may be oversold. |
| Average True Range in percent/ATR (20) | 15.79 | HIGH VOLATILITY | The high ATR as a percentage value for FBLG suggests high volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for FBLG suggests a weak or negative trend. |
0.26
+0.02 (+6.78%)
FIBROBIOLOGICS INC / FBLG FAQ
Can you provide the ChartMill technical rating for FIBROBIOLOGICS INC?
ChartMill assigns a technical rating of 0 / 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 42.9529. 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 0.000461973, indicating a bearish trend.
What are the support and resistance levels for FIBROBIOLOGICS INC (FBLG) stock?
FIBROBIOLOGICS INC (FBLG) has a resistance level at 0.29. Check the full technical report for our detailed analysis of FBLG support and resistance levels.