Technical analysis from Fletcher Building (FBU.AX.AX, ASX:FBU.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Fletcher Building
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Fletcher Building: ATR (0.122)
Average True Range /
Fletcher Building: ATR (0.122)

[Bullish]: Average True Range has confirmed an uptrend is present. Fletcher Building has a TR of 0.16, and an ATR(14) of 0.122.

Ulcer index has fallen as the price rises for Fletcher Building
Ulcer Index /
Ulcer index has fallen as the price rises for Fletcher Building

[BEARISH]: Fletcher Building UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 0.899.

High Price /
Fletcher Building has failed to achieve a lower high of $7.02 (-1.3 %)

[BEARISH]: Fletcher Building current downtrend in the first timeframe. Currently, the HIGH is -1.3 %.

Aroon Oscillator /
Fletcher Building: Aroon oscillator (80) has confirmed a strong uptrend is present

[BULLISH]: Fletcher Building has a current ARU(25) of 88 and a current ARD(25) of 8

Percentage Price /
Fletcher Building currently has positive PPO 1.700

[BULLISH]: Fletcher Building currently has positive PPO 1.700%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Daily Volume Index /
Fletcher Building: DVI(1481)

[BULLISH CROSSOVER]: Fletcher Building current price has highlighted the commencement of accumulation and the start of bullish trading conditions.

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Opening Price /
[Bearish]: Fletcher Building has opened -0.4 % weaker

[BEARISH]: Fletcher Building opening price has gapped down. Currently, the OPEN is $6.99 (-0.4 %).

Fletcher Building: Daily volume performance is -79.8 [Downtrend]
Volume /
Fletcher Building: Daily volume performance is -79.8 [Downtrend]

FBU: VOLUME Current Signal -> (1) 11 Jan: BEARISH (2) 10 Jan: BULLISH (3) 09 Jan: BULLISH

Fletcher Building has initiated a negative rate of change of -0.571
Rate of Change /
Fletcher Building has initiated a negative rate of change of -0.571

[BEARISH CROSSOVER]: Fletcher Building currently has negative rate of change of -0.6%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Weighted Moving Average /
Fletcher Building is in a short term uptrend with the WMA(15) @$6.998

[BEARISH]: Fletcher Building currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -1.4%.

Elder Ray Index /
Fletcher Building: Elder Ray Index is 0.051 [Bullish]

[BULLISH]: Fletcher BuildingElder Ray Index is signalling a Bullish movementERI is 0.051 indicating bull power. Prices are being driven above the consensus of value for FBU during the last trading session [Buying Pressure]

Pivot Points /
Fletcher Building has moved above the R1 pivot point ($7.02) [Bullish]

Fletcher Building has broken the first resistance point ($7.02) [Bullish]. Look for a long limit order entry near this point. Exit price for FBU should be set @$7.08 & Stoploss for Fletcher Building should be set between $6.84 & $6.78

FBU Basic Candle: Black
Black Candle /
FBU Basic Candle: Black

[BEARISH]: Fletcher Building has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Bullish conditions for FBU are likely to continue based on EFI (6214)
Elders Force Index /
Bullish conditions for FBU are likely to continue based on EFI (6214)

[BULLISH]: Fletcher Building current price has highlighted recent buying pressure. Currently, the Elders Force Index is 6214.

Average Directional Movement /
Average Directional Index for Fletcher Building has signalled a strong trend is active

FBU: Average Directional Index Recent Trading -> (1) 11 Jan: 34.69 (2) 11 Jan: 22.64 (3) 11 Jan: 22.89

Chaikin Money Flow /
CMF signal weak with further confirmation required for FBU

FBU: Chaikin Oscillator Recent Trading -> (1) 11 Jan: 0.03 (2) 11 Jan: -0.53 (3) 11 Jan: 0.22

Percentage Volume /
Fletcher Building: Percentage Volume Oscillator (-21.6)

[BEARISH]: Fletcher Building currently has negative PVO -21.6%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -1.3%.

Fletcher Building opened in the upper part of daily range at 75% & closed in the middle part of the trading range at 50%. This suggests the sellers have lost commitment.
Open Tod Vs Close Tod /
Fletcher Building opened in the upper part of daily range at 75% & closed in the middle part of the trading range at 50%. This suggests the sellers have lost commitment.

[BEARISH WEAK]: Fletcher Building opened in the upper part of daily range at 75% & closed in the middle part of the trading range at 50%. This suggests the sellers have lost commitment. Over the last 12 months there has been 37 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 14.2%. Over the last month there has been 4 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 50%.

Closing price for FBU is still below the lower envelope signalling a bullish movement
Moving Average Envelope /
Closing price for FBU is still below the lower envelope signalling a bullish movement

[BULLISH]: Fletcher Building current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 6.4980.

Fletcher Building: Detrended Price Oscillator(20) is 0.361
Detrended Price Oscillator /
Fletcher Building: Detrended Price Oscillator(20) is 0.361

[BULLISH]: Fletcher Building currently has a confirmed uptrend. Price is currently above the displaced moving average for FBUCurrently, the return on DPO20 is -1.4%.

Accumulation / Distribution /
FBU: Current trading activity signals accumulation is confirmed

FBU: ADLINE Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: BULLISH CROSSOVER

Pivot Reversal /
A short term Pivot Reversal has formed with Fletcher Building

[BEARISH]: A short term Pivot Reversal has formed with Fletcher Building which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 19 occurrences of this bar reversal giving a signal probability of 7.3%.

Closing Price /
Fletcher Building: Daily closing price is $6.96 [Bearish]

[BEARISH]: Fletcher Building current downtrend in the first timeframe. Currently, the Close is $6.96.

Range Tod Vs Range Yest /
Fletcher Building: Range Performance (-17.2)

FBU: Range today versus range yesterday Current Signal ->(1) 11 Jan: BEARISH (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

The EMA trend following signal is now active for Fletcher Building [Bullish]
Exponential Moving Average /
The EMA trend following signal is now active for Fletcher Building [Bullish]

[BEARISH]: Fletcher Building currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.4%.

DeMark pivot point for FBU is bullish. Stoploss should be positioned @$6.87
Demarks Pivot Points /
DeMark pivot point for FBU is bullish. Stoploss should be positioned @$6.87

Fletcher Building has broken the first DeMark resistance point ($6.945) [Bullish]. Look for a long limit order entry near this point. Exit price for FBU should be set @$6.99 & Stoploss for Fletcher Building should be set at $6.87

Camarilla Pivot Points /
Limit order for a long position has been identified for Fletcher Building [Bullish]

Fletcher Building has broken the first Camarilla resistance point ($7.54) [Bullish]. Look for a long limit order entry near this point. Exit price for FBU should be set @$8.12 & Stoploss for Fletcher Building should be set between $5.8 & $5.22

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