TSX:FBU - Toronto Stock Exchange -
We assign a technical rating of 10 out of 10 to FBU. Both in the recent history as in the last year, FBU has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although FBU 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.
32.99
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 FBU.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBU.CA is up. |
ChartMill Relative Strength | 76.21 | POSITIVE | FBU.CA has a high relative strength, it outperformed 76.21% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBU.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBU.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBU.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 69.76 | NEUTRAL | The RSI value for FBU.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FBU.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 96.08 | OVERBOUGHT | The high Stochastics value suggests FBU.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for FBU.CA suggests low volalility. |
CI First Asset US Buyback Index ETF
TSX:FBU (4/16/2021, 3:47:24 PM)
39.79
+0.34 (+0.86%)