Fastbrick Robotics (FBR)

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Fastbrick Robotics (FBR): Signals

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TECHNICAL ANALYSIS SUMMARY

Fastbrick Robotics (FBR.AX)


Indicator:

FIBONACCI EXTENSION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Fastbrick Robotics (ASX:FBR) : The current Fibonacci Extension levels are:
(23.61%) $0.2
(38.2%) $0.19
(50%) $0.18
(61.8%) $0.17

The current support levels are:
(78.6%) $0.16
(100%) $0.14
(138.2%) $0.11
(161.8%) $0.09
(261.8%) $0.01
(423.61%) $-0.12



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;


PROFILE: Fastbrick Robotics (FBR.AX)


Stock Exchange: ASX
Company: Fastbrick Robotics
Ticker Codes: | FBR.AX | ASX:FBR |

About Fastbrick Robotics (ASX:FBR):

Fastbrick Robotics Limited, a robotic technology company, develops and commercializes digital construction technology solutions in Australia. It engages in developing Hadrian X, a patented 3D robotic bricklaying system that handles the loading, cutting, routing, and placement of various bricks. The company is headquartered in High Wycombe, Australia.

Top 10:

Fibonacci Extensions

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