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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 182692

Date Daily Closing Price Open High Low Volume
23 Thu May 2024 1.84 1.89 1.94 1.79 0.562 times
22 Wed May 2024 1.87 1.97 2.02 1.85 0.864 times
21 Tue May 2024 1.98 1.98 2.07 1.87 1.665 times
20 Mon May 2024 1.95 1.89 1.98 1.89 1.089 times
17 Fri May 2024 1.93 1.75 1.95 1.72 1.83 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1.9 as stoploss in an intra day sell trade for a target of 1.78. However, stock will show a bullish move above 1.9.

Share price targets for Fortress Biotech (FBIO)

Target Type Value
Downside Target 1.63
Downside Target 1.79
Upside Target 1.85
Upside Target 1.86
Upside Target 1.95
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 1.73
Downside Intraday Target 1.62
Upside Intraday Target 2.01
Upside Intraday Target 2.18
Upside Intraday Target 1.9

Weekly technical analysis of Fortress Biotech (FBIO)

Date Weekly Closing Price Open High Low Volume
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
26 Fri Apr 2024 1.72 1.73 1.82 1.66 0.553 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
23 Thu May 2024 1.84 1.70 2.07 1.65 0.565 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 59None
CCI 28Sell
RSI 55Buy
OBV 340513Sell
VWAP 2Sell
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Fortress Biotech ( (FBIO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Fortress Biotech ( (FBIO) ) based on a short 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 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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Fortress Biotech in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.85 and Fortress Biotech (FBIO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.

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