Login or Join
 Learn then Earn

(FBIO) Fortress Biotech complete technical analysis [charts+indicators] | Buy/Sell Fortress Biotech | (FBIO) share price targets

Complete technical analysis of Fortress Biotech (FBIO) by charts plus indicators, forecast predictions and share price targets for Fortress Biotech (FBIO)

Fortress Biotech trades in USA in Health Care sector.

10 day averaged volume of Fortress Biotech is 194807

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 1.84 1.85 1.92 1.81 0.493 times
30 Thu May 2024 1.83 1.85 1.85 1.80 0.618 times
29 Wed May 2024 1.82 1.75 1.82 1.67 0.864 times
28 Tue May 2024 1.78 1.90 1.97 1.71 1.548 times
23 Thu May 2024 1.84 1.89 1.94 1.79 0.527 times

My analysis of stock is bullish for shortterm, and stock might move up till 1.9 or till 2. Use a stoploss of 1.8 and if this stock hits its stoploss, then it can fall down till 1.72

Share price targets for Fortress Biotech (FBIO)

Target Type Value
Downside Target 1.63
Downside Target 1.79
Upside Target 1.85
Upside Target 1.95
Upside Target 1.97
Upside Target 2.05
Upside Target 2.07
Upside Target 2.28
Upside Target 2.62
Upside Target 3.07

Intraday share price targets for Fortress Biotech (FBIO)

Target Type Value
Downside Intraday Target 1.68
Downside Intraday Target 1.53
Upside Intraday Target 1.98
Upside Intraday Target 2.13
Downside Intraday Target 1.83

Weekly technical analysis of Fortress Biotech (FBIO)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 1.84 1.90 1.97 1.67 0.899 times
23 Thu May 2024 1.84 1.89 2.07 1.79 0.838 times
17 Fri May 2024 1.93 1.74 1.95 1.66 1.54 times
10 Fri May 2024 1.67 1.78 1.85 1.65 0.96 times
03 Fri May 2024 1.75 1.70 1.86 1.66 0.797 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Fortress Biotech (FBIO)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 1.84 1.70 2.07 1.65 0.711 times
30 Tue Apr 2024 1.67 2.05 2.05 1.63 0.758 times
28 Thu Mar 2024 2.00 2.12 2.62 1.63 0.942 times
29 Thu Feb 2024 2.08 2.05 2.28 1.63 0.464 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Fortress Biotech (FBIO)

Indicator Name Indicator Value Indicator Signal
ADX 38, 38, 0 Sell
MACD -0, -0Buy
Stochastics 41None
CCI 1Buy
RSI 50Sell
OBV 725913Sell
VWAP 2Sell
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Fortress Biotech ( (FBIO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Fortress Biotech ( (FBIO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Fortress Biotech ( (FBIO) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Fortress Biotech ( (FBIO) ) based on a mid to longer term time period is

ADX buy sell signal for Fortress Biotech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Fortress Biotech in short term but the buy signal is initial and weak.

Fortress Biotech Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Fortress Biotech in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Fortress Biotech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.87 and Fortress Biotech (FBIO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Fortress Biotech (FBIO) stock. Volume based technical analysis of Fortress Biotech (FBIO) stock is negative.

Fortress Biotech Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

 Learn then Earn
Back to top | Use Dark Theme