Overall FBLG gets a technical rating of 0 out of 10. FBLG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 96% of all other stocks performed better in the past year than FBLG.
- FBLG is part of the Biotechnology industry. There are 524 other stocks in this industry, of which 82% are performing better than FBLG.
- FBLG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month FBLG has a been trading in the 0.22 - 0.43 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 an average volume of 2198880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
0.22
We found 1 important support area.
- Support @0.22 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.36 from a trend line in the daily time frame.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines 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 | 4.09 | NEGATIVE | FBLG has a low relative strength, it was outperformed by 95.91% 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) | 39.94 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 6.07 | OVERSOLD | The low Stochastics value suggests FBLG may be oversold. |
| Average True Range in percent/ATR (20) | 17.26 | HIGH VOLATILITY | The high ATR as a percentage value for FBLG suggests high volalility. |
| Average Directional Index/ADX (14) | 27.16 | POSITIVE | The high ADX value value for FBLG suggests a strong trend. |
0.2517
+0.02 (+10.83%)
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 39.9379. 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 -0.0144852, indicating a bearish trend.
What are the support and resistance levels for FIBROBIOLOGICS INC (FBLG) stock?
FIBROBIOLOGICS INC (FBLG) has a support level at 0.22 and a resistance level at 0.36. Check the full technical report for our detailed analysis of FBLG support and resistance levels.