(FBIOP) Fortress Biotech complete technical analysis [charts+indicators] | Buy/Sell Fortress Biotech | (FBIOP) share price targets
Complete technical analysis of Fortress Biotech (FBIOP) by charts plus indicators, forecast predictions and share price targets for Fortress Biotech (FBIOP)
Fortress Biotech trades in USA in Health Care sector.
10 day averaged volume of Fortress Biotech is 9231
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 15.87 | 15.55 | 15.88 | 15.50 | 0.845 times |
| 30 Thu May 2024 | 15.61 | 15.50 | 15.80 | 15.13 | 0.672 times |
| 29 Wed May 2024 | 15.60 | 15.60 | 15.72 | 15.13 | 0.737 times |
| 28 Tue May 2024 | 15.66 | 15.75 | 15.95 | 15.04 | 0.899 times |
| 23 Thu May 2024 | 14.92 | 16.03 | 16.18 | 14.41 | 2.784 times |
My analysis of stock is bearish for shortterm, and stock might move down till 15.6 or till 15.2. Use a stoploss of 16.04 and if the stock hits stoploss, then it can shoot up till 16.44
Share price targets for Fortress Biotech (FBIOP)
| Target Type | Value |
| Downside Target | 11.80 |
| Downside Target | 12.56 |
| Downside Target | 12.83 |
| Downside Target | 13.68 |
| Downside Target | 14.16 |
| Downside Target | 15.04 |
| Downside Target | 15.81 |
| Upside Target | 16.98 |
| Upside Target | 17.00 |
| Upside Target | 17.39 |
| Upside Target | 18.00 |
Intraday share price targets for Fortress Biotech (FBIOP)
| Target Type | Value |
| Downside Intraday Target | 15.29 |
| Downside Intraday Target | 14.71 |
| Upside Intraday Target | 16.2 |
| Upside Intraday Target | 16.53 |
| Downside Intraday Target | 15.62 |
Weekly technical analysis of Fortress Biotech (FBIOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 15.87 | 15.75 | 15.95 | 15.04 | 0.714 times |
| 23 Thu May 2024 | 14.92 | 16.98 | 16.98 | 14.41 | 0.915 times |
| 17 Fri May 2024 | 16.67 | 16.00 | 17.00 | 15.81 | 1.086 times |
| 10 Fri May 2024 | 15.98 | 16.00 | 17.00 | 15.81 | 0.988 times |
| 03 Fri May 2024 | 15.94 | 14.18 | 15.94 | 14.16 | 0.507 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 (FBIOP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 15.87 | 14.77 | 17.00 | 14.41 | 0.563 times |
| 30 Tue Apr 2024 | 14.77 | 16.60 | 18.00 | 12.56 | 1.596 times |
| 28 Thu Mar 2024 | 16.60 | 15.49 | 17.39 | 15.14 | 0.781 times |
| 29 Thu Feb 2024 | 15.34 | 13.34 | 15.95 | 12.83 | 0.84 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 (FBIOP)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 16, 23, 20 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 50 | None |
| CCI | -28 | Buy |
| RSI | 43 | Sell |
| OBV | 47661 | Sell |
| VWAP | 16 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Fortress Biotech ( (FBIOP) ) based on a short 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 ( (FBIOP) ) 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 ( (FBIOP) ) based on a short to mid 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 ( (FBIOP) ) 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 SELL signal for Fortress Biotech in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 15.77 and Fortress Biotech (FBIOP) 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 (FBIOP) stock. Volume based technical analysis of Fortress Biotech (FBIOP) 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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