We assign a technical rating of 7 out of 10 to FBYD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FBYD is showing a nice and steady performance.
Although FBYD has an excellent technical rating, it does not offer a high 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.
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6.22
When analyzing the support we can see 4 important areas.
- Support @11.53 from a trend line in the daily time frame.
- Support @8.08 from a trend line in the daily time frame.
- Support @7.65 from a trend line in the weekly time frame.
- Support @6.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.15 to 15.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 FBYD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FBYD is neutral. |
| ChartMill Relative Strength | 90.26 | POSITIVE | FBYD has a high relative strength, it outperformed 90.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FBYD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBYD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBYD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.17 | NEUTRAL | The RSI value for FBYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests FBYD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.68 | OVERSOLD | The low Stochastics value suggests FBYD may be oversold. |
| Average True Range in percent/ATR (20) | 23.65 | HIGH VOLATILITY | The high ATR as a percentage value for FBYD suggests high volalility. |
| Average Directional Index/ADX (14) | 35.84 | POSITIVE | The high ADX value value for FBYD suggests a strong trend. |
15.03
+2.56 (+20.53%)
FALCON'S BEYOND GLOBAL INC-A / FBYD FAQ
What is the technical rating for FBYD stock?
ChartMill assigns a technical rating of 7 / 10 to FBYD.
What is the trend direction for FBYD stock?
The current trend direction for FALCON'S BEYOND GLOBAL INC-A (FBYD) is Bullish.
What is the RSI signal for FBYD stock?
FALCON'S BEYOND GLOBAL INC-A (FBYD) has an RSI value of 51.1746. This indicates that the stock is currently neutral.
What are the support and resistance levels for FALCON'S BEYOND GLOBAL INC-A (FBYD) stock?
FALCON'S BEYOND GLOBAL INC-A (FBYD) has a support level at 11.53 and a resistance level at 15.15. Check the full technical report for our detailed analysis of FBYD support and resistance levels.