FIBROBIOLOGICS INC (FBLG) Stock Technical Analysis
NASDAQ:FBLG - Nasdaq - US31573L1052 - Common Stock - Currency: USD
Overall FBLG gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, FBLG is a bad performer in the overall market: 98% of all stocks are doing better.
FBLG is part of the Biotechnology industry. There are 560 other stocks in this industry, of which 83% are performing better than FBLG.
FBLG is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so FBLG is lagging the market.
In the last month FBLG has a been trading in the 0.76 - 1.14 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
FBLG has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
0.79
1.01
We found 1 important support area.
- A support zone ranging from 0.80 to 0.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.00 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 | DOWN | NEGATIVE | The short term trend for FBLG is down. |
| ChartMill Relative Strength | 2.21 | NEGATIVE | FBLG has a low relative strength, it was outperformed by 97.79% 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) | 39.67 | NEUTRAL | The RSI value for FBLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FBLG has a negative trend. |
| Stochastics (14,3) | 13.51 | OVERSOLD | The low Stochastics value suggests FBLG may be oversold. |
| Average True Range in percent/ATR (20) | 12.36 | HIGH VOLATILITY | The high ATR as a percentage value for FBLG suggests high volalility. |
| Average Directional Index/ADX (14) | 17.1 | NEGATIVE | The low ADX value for FBLG suggests a weak or negative trend. |
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)
0.81
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-10.86%
2 Weeks-6.67%
1 Month-28.46%
3 Month-35.56%
6 Month-69.01%
12 Month-93.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%12.36%
ATR Inc-1.33%
Range Today0.11
ADR(20)0.1
ADR(20)%12.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.21
Mansfield-6.94
10 Day High1.13
10 Day Low0.76
20 Day High1.14
20 Day Low0.76
52 Week High12.51
52 Week Low0.76
CS1 End0.8
CR1 Start0.87
Volume & EV
DER(3)-7.63%
DER(5)-2.94%
Volume430.97K
Volume Incr-5.51%
Vol(5)189.26K
Vol(50)198.09K