(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.
Showing technical analysis as on 2024-10-02 View latest technical analysis
10 day averaged volume of Fortress Biotech is 1344920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 1.57 | 1.44 | 1.59 | 1.40 | 0.626 times |
| 01 Tue Oct 2024 | 1.43 | 1.47 | 1.50 | 1.41 | 0.653 times |
| 30 Mon Sep 2024 | 1.45 | 1.48 | 1.48 | 1.44 | 0.427 times |
| 27 Fri Sep 2024 | 1.49 | 1.46 | 1.52 | 1.46 | 0.617 times |
| 26 Thu Sep 2024 | 1.45 | 1.53 | 1.54 | 1.44 | 0.957 times |
| 25 Wed Sep 2024 | 1.41 | 1.43 | 1.44 | 1.39 | 0.863 times |
| 24 Tue Sep 2024 | 1.39 | 1.46 | 1.46 | 1.36 | 0.782 times |
| 23 Mon Sep 2024 | 1.43 | 1.54 | 1.55 | 1.42 | 0.625 times |
| 20 Fri Sep 2024 | 1.50 | 1.67 | 1.67 | 1.42 | 4.629 times |
| 19 Thu Sep 2024 | 1.84 | 1.99 | 2.00 | 1.82 | 0.264 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.5 as stoploss in an intra day buy trade for a target of 1.67. However, stock will show a bearish move below 1.5.
Share price targets for Fortress Biotech (FBIO)
| Target Type | Value |
| Downside Target | 1.36 |
| Downside Target | 1.40 |
| Downside Target | 1.55 |
| Upside Target | 1.59 |
| Upside Target | 1.70 |
| Upside Target | 1.97 |
| Upside Target | 2.04 |
| Upside Target | 2.05 |
| Upside Target | 2.09 |
| Upside Target | 2.16 |
| Upside Target | 2.89 |
Intraday share price targets for Fortress Biotech (FBIO)
| Target Type | Value |
| Downside Intraday Target | 1.45 |
| Downside Intraday Target | 1.33 |
| Upside Intraday Target | 1.64 |
| Upside Intraday Target | 1.71 |
| Downside Intraday Target | 1.52 |
Weekly technical analysis of Fortress Biotech (FBIO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 1.57 | 1.48 | 1.59 | 1.40 | 0.444 times |
| 27 Fri Sep 2024 | 1.49 | 1.54 | 1.55 | 1.36 | 0.729 times |
| 20 Fri Sep 2024 | 1.50 | 2.01 | 2.04 | 1.42 | 6.516 times |
| 13 Fri Sep 2024 | 1.97 | 1.74 | 1.97 | 1.70 | 0.919 times |
| 06 Fri Sep 2024 | 1.77 | 2.08 | 2.09 | 1.72 | 6.533 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 |
| 02 Wed Oct 2024 | 1.57 | 1.47 | 1.59 | 1.40 | 0.114 times |
| 30 Mon Sep 2024 | 1.45 | 2.08 | 2.09 | 1.36 | 2.664 times |
| 30 Fri Aug 2024 | 2.03 | 2.07 | 2.16 | 1.70 | 0.865 times |
| 31 Wed Jul 2024 | 2.09 | 1.75 | 2.89 | 1.62 | 1.585 times |
Scroll below to view daily charts
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)
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 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 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 ( (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 SELL signal for Fortress Biotech in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fortress Biotech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 BUY signal in short term and the buying is gaining 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 1.48 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.
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 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 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 ( (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 SELL signal for Fortress Biotech in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fortress Biotech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 BUY signal in short term and the buying is gaining 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 1.48 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.