We assign a technical rating of 0 out of 10 to FBY. FBY 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, FBY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 12.31, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FBY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.07
When analyzing the support we notice one important area.
- A support zone ranging from 12.19 to 12.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 12.47 to 12.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.94 to 13.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.77 to 13.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.07 from a horizontal line in the daily time frame.
- Resistance @18.35 from a trend 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 | DOWN | NEGATIVE | The long term trend for FBY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FBY is down. |
| ChartMill Relative Strength | 11.72 | NEGATIVE | FBY has a low relative strength, it was outperformed by 88.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FBY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FBY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FBY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.55 | NEUTRAL | The RSI value for FBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FBY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.43 | NEUTRAL | The Stochastics value for FBY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for FBY suggests low volalility. |
| Average Directional Index/ADX (14) | 30.56 | POSITIVE | The high ADX value value for FBY suggests a strong trend. |
12.41
-0.16 (-1.27%)
YIELDMAX META OPTION YIELD / FBY FAQ
What is the technical rating for FBY stock?
ChartMill assigns a technical rating of 0 / 10 to FBY.
What is the current trend direction of YIELDMAX META OPTION YIELD (FBY) stock?
The current trend direction for YIELDMAX META OPTION YIELD (FBY) is Bearish.
Can you provide the RSI signal for YIELDMAX META OPTION YIELD?
YIELDMAX META OPTION YIELD (FBY) has an RSI value of 39.549. This indicates that the stock is currently neutral.
Can you provide the MACD signal for YIELDMAX META OPTION YIELD?
The MACD indicator for YIELDMAX META OPTION YIELD (FBY) has a value of 0.0158828, indicating a bearish trend.
What is the short term momentum for YIELDMAX META OPTION YIELD (FBY) stock?
The short term momentum for YIELDMAX META OPTION YIELD (FBY) is negative.