FIBROBIOLOGICS INC (FBLG) Stock Technical Analysis
USA - NASDAQ:FBLG - US31573L1052 - Common Stock
Taking everything into account, FBLG scores 0 out of 10 in our technical rating. 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. There is very little resistance above the current price. There is a support zone below the current price at 0.33, a Stop Loss order could be placed below this zone.
More info and screens
0.33
We found 1 important support area.
- A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.37 from a trend line in the daily time frame.
- A resistance zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.62 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 | 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 | 1.93 | NEGATIVE | FBLG has a low relative strength, it was outperformed by 98.07% 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) | 38.96 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 23.6 | NEUTRAL | The Stochastics value for FBLG is a neutral value. |
| Average True Range in percent/ATR (20) | 10.17 | HIGH VOLATILITY | The high ATR as a percentage value for FBLG suggests high volalility. |
| Average Directional Index/ADX (14) | 32.7 | POSITIVE | The high ADX value value for FBLG suggests a strong trend. |
0.335
-0.03 (-8.94%)
FIBROBIOLOGICS INC / FBLG FAQ
Can you provide the ChartMill technical rating for FIBROBIOLOGICS INC?
ChartMill assigns a technical rating of 0 / 10 to FBLG.
Can you provide the trend direction for FIBROBIOLOGICS INC?
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 38.9581. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FIBROBIOLOGICS INC?
The short term momentum for FIBROBIOLOGICS INC (FBLG) is negative.
What is the support and resistance level for FBLG stock?
FIBROBIOLOGICS INC (FBLG) has a support level at 0.33 and a resistance level at 0.37. Check the full technical report for our detailed analysis of FBLG support and resistance levels.