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(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 134655

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 1.76 1.75 1.77 1.68 1.218 times
15 Wed May 2024 1.74 1.79 1.79 1.72 0.734 times
14 Tue May 2024 1.76 1.72 1.80 1.66 1.277 times
13 Mon May 2024 1.70 1.74 1.74 1.67 1.056 times
10 Fri May 2024 1.67 1.71 1.77 1.65 1.129 times

My analysis of stock is bullish for shortterm, and stock might move up till 1.8 or till 1.8. Use a stoploss of 1.74 and if this stock hits its stoploss, then it can fall down till 1.7

Share price targets for Fortress Biotech (FBIO)

Target Type Value
Downside Target 1.63
Downside Target 1.70
Upside Target 1.80
Upside Target 1.85
Upside Target 1.86
Upside Target 1.88
Upside Target 2.05
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 1.6
Upside Intraday Target 1.82
Upside Intraday Target 1.88
Downside Intraday Target 1.74

Weekly technical analysis of Fortress Biotech (FBIO)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 1.76 1.74 1.80 1.66 0.975 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
26 Fri Apr 2024 1.72 1.73 1.82 1.66 0.553 times
19 Fri Apr 2024 1.75 1.82 1.88 1.70 1.351 times

Price has moved up 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
16 Thu May 2024 1.76 1.70 1.86 1.65 0.333 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 45, 45, 0 Sell
MACD -0, -0Buy
Stochastics 49None
CCI -21Sell
RSI 56Buy
OBV 92342Sell
VWAP 2Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Fortress Biotech ( (FBIO) ) based on a mid to longer 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.

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 SELL signal for Fortress Biotech in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 1.74 and Fortress Biotech (FBIO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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

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