FORBION EUROPEAN ACQUISITI-A (FRBN) Stock Technical Analysis
NASDAQ:FRBN - Nasdaq - KYG3619H1020 - Common Stock - Currency: USD
Overall FRBN gets a technical rating of 8 out of 10. FRBN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
FRBN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month FRBN has a been trading in the 9.25 - 47.17 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, FRBN did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
FRBN has an excellent technical rating, but the quality of the setup is only medium 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
9.90
21.91
We found 1 important support area.
- Support @10.00 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.33
Mansfield9.4
10 Day High47.17
10 Day Low9.25
20 Day High47.17
20 Day Low9.25
52 Week High47.17
52 Week Low9.25
Performance
1 Week19.2%
2 Weeks100.96%
1 Month97.23%
3 Month101.25%
6 Month106.03%
12 Month114.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.4
RSI(14)62.93
LBB3.12
UBB26.21
21.695
-0.87 (-3.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.88%
1 Week19.2%
2 Weeks100.96%
1 Month97.23%
3 Month101.25%
6 Month106.03%
12 Month114.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8
ATR(20)%25.89%
ATR Inc58.42%
Range Today5.23
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.33
Mansfield9.4
10 Day High47.17
10 Day Low9.25
20 Day High47.17
20 Day Low9.25
52 Week High47.17
52 Week Low9.25
CS1 End10
CR1 StartN/A
Volume & EV
DER(3)0.59%
DER(5)1.39%
Volume60.90K
Volume Incr-79.71%
Vol(5)102.80K
Vol(50)290.18K