(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.
Showing technical analysis as on 2024-08-09 View latest technical analysis
10 day averaged volume of Fortress Biotech is 25556
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 7.11 | 7.16 | 7.87 | 7.00 | 0.767 times |
| 08 Thu Aug 2024 | 7.25 | 7.52 | 7.52 | 7.00 | 2.36 times |
| 07 Wed Aug 2024 | 7.42 | 7.88 | 8.15 | 7.39 | 0.663 times |
| 06 Tue Aug 2024 | 7.88 | 7.75 | 8.05 | 7.75 | 0.359 times |
| 05 Mon Aug 2024 | 7.64 | 8.00 | 8.25 | 7.40 | 1.186 times |
| 02 Fri Aug 2024 | 8.13 | 8.20 | 8.32 | 8.02 | 0.966 times |
| 01 Thu Aug 2024 | 8.37 | 8.29 | 8.50 | 8.15 | 0.254 times |
| 31 Wed Jul 2024 | 8.50 | 8.79 | 8.97 | 8.08 | 1.346 times |
| 30 Tue Jul 2024 | 8.98 | 8.90 | 9.10 | 8.70 | 0.312 times |
| 29 Mon Jul 2024 | 8.89 | 8.50 | 9.16 | 8.50 | 0.556 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.5, but if it comes above 7.5, then a intra day buy could be more profitable.
If you take a sell trade below 7.5, then use 7.5 as stoploss and 6.7 as target. However if you take a buy trade in stock , then use 7.5 as stoploss and 8.15 as target.
Share price targets for Fortress Biotech (FBIOP)
| Target Type | Value |
| Downside Target | 6.50 |
| Downside Target | 7.00 |
| Upside Target | 7.34 |
| Upside Target | 7.94 |
| Upside Target | 8.50 |
| Upside Target | 9.16 |
| Upside Target | 9.94 |
| Upside Target | 12.56 |
| Upside Target | 14.41 |
| Upside Target | 15.62 |
| Upside Target | 16.79 |
| Upside Target | 17.00 |
| Upside Target | 17.45 |
| Upside Target | 18.00 |
Intraday share price targets for Fortress Biotech (FBIOP)
| Target Type | Value |
| Downside Intraday Target | 6.66 |
| Downside Intraday Target | 6.2 |
| Upside Intraday Target | 7.91 |
| Upside Intraday Target | 8.7 |
| Upside Intraday Target | 7.45 |
Weekly technical analysis of Fortress Biotech (FBIOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 7.11 | 8.00 | 8.25 | 7.00 | 1.553 times |
| 02 Fri Aug 2024 | 8.13 | 8.50 | 9.16 | 8.02 | 0.51 times |
| 26 Fri Jul 2024 | 8.89 | 7.98 | 9.94 | 7.94 | 1.246 times |
| 19 Fri Jul 2024 | 8.05 | 7.34 | 8.10 | 7.34 | 0.318 times |
| 12 Fri Jul 2024 | 7.30 | 14.67 | 14.67 | 6.50 | 12.949 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fortress Biotech (FBIOP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 7.11 | 8.29 | 8.50 | 7.00 | 0.195 times |
| 31 Wed Jul 2024 | 8.50 | 16.00 | 16.79 | 6.50 | 5.164 times |
| 28 Fri Jun 2024 | 15.90 | 15.87 | 17.45 | 15.62 | 0.934 times |
| 31 Fri May 2024 | 15.87 | 14.77 | 17.00 | 14.41 | 0.563 times |
Scroll below to view daily charts
Price has moved down 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)
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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 7.82 and Fortress Biotech (FBIOP) 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 (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.
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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 7.82 and Fortress Biotech (FBIOP) 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 (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.