FORTE BIOSCIENCES INC (FBRX) Stock Technical Analysis
USA - NASDAQ:FBRX - US34962G2084 - Common Stock
Taking everything into account, FBRX scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although FBRX has an excellent technical rating, it does not present a decent entry opportunity 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.
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10.31
2 important support areas can be observed.
- Support @12.07 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.41 to 10.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.66 to 13.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.39 from a horizontal line in the daily time frame.
- Resistance @15.50 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for FBRX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FBRX is neutral. |
| ChartMill Relative Strength | 95.18 | POSITIVE | FBRX has a high relative strength, it outperformed 95.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FBRX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FBRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.46 | NEUTRAL | The RSI value for FBRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FBRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.65 | NEUTRAL | The Stochastics value for FBRX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.46 | HIGH VOLATILITY | The high ATR as a percentage value for FBRX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.76 | NEGATIVE | The low ADX value for FBRX suggests a weak or negative trend. |
NASDAQ:FBRX (11/11/2025, 12:05:01 PM)
13.63
-0.04 (-0.29%)
FORTE BIOSCIENCES INC / FBRX FAQ
Can you provide the ChartMill technical rating for FORTE BIOSCIENCES INC?
ChartMill assigns a technical rating of 7 / 10 to FBRX.
What is the current trend direction of FORTE BIOSCIENCES INC (FBRX) stock?
The current trend direction for FORTE BIOSCIENCES INC (FBRX) is Bullish.
What is the RSI signal for FBRX stock?
FORTE BIOSCIENCES INC (FBRX) has an RSI value of 55.4594. This indicates that the stock is currently neutral.
What is the support and resistance level for FBRX stock?
FORTE BIOSCIENCES INC (FBRX) has a support level at 12.07 and a resistance level at 13.74. Check the full technical report for our detailed analysis of FBRX support and resistance levels.