Fastbrick Robotics

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Trading Performance

Fibonacci Fans

Score

0.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 11 24.0 0.36% 0.50% 21.0% -7.6% 23.4%
SHORT 12 41.0 0.50% 0.86% 12.7% -9.3% 10.7%

Summary

Technical Analysis

Fastbrick Robotics (FBR.AX)


Indicator:

FIBONACCI FANS


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 Fan levels are:
(23.61%) $0.07
: (38.2%) $0.08
: (50%) $0.08
: (61.8%) $0.08

The current support levels are:
(78.6%) $0.08
(100%) $0.09
(138.2%) $0.09
(161.8%) $0.1
(261.8%) $0.11
(423.61%) $0.14



Fibonacci Fan lines are trend lines based on Fibonacci retracement points. Rising fan lines extend up from a trough and pass through retracement based on the advance (trough to peak). These fan lines can then be used to estimate support levels or potential reversal zones. Falling fan lines extend down from a peak and pass through retracements based on the decline (peak to trough). These fan lines can then be used to estimate resistance levels or potential reversal zones. This article will explain the Fibonacci ratios and provide examples using Fibonacci Fans to project support and resistance.

Calculation: Fibonacci Fans:
1) Uptrend Fan line 1: Drawn from extreme low through 23.6% retracement level on “invisible” vertical line;
a) Fan line 2: Drawn from extreme low through 38.2% retracement level on “invisible” vertical line;
b) Fan line 3: Drawn from extreme low through 50% retracement level on “invisible” vertical line Fan line;
c) Drawn from extreme low through 61.8% retracement level on “invisible” line;
2)Downtrend Fan line 1: Drawn from extreme high through 23.6% retracement level on “invisible” vertical line;
a) Fan line 2: Drawn from extreme high through 38.2% retracement level on “invisible” vertical line;
b) Fan line 3: Drawn from extreme high through 50% low retracement level on “invisible” vertical line;
c) Fan line 4: Drawn from extreme high through 61.8% retracement level on “invisible” vertical line;


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 Fans

Download
Company Close Change(%) Volume Value Signal
MOY Millennium Minerals 0.1 22 12,026,126 -0.05 BEARISH
ADH Adairs 1.48 18.4 5,926,270 -1.37 BEARISH
ONE Oneview Healthcare 0.23 9.5 232,054 -0.11 BEARISH
TLG Talga Gold 0.49 6.6 113,070 -0.28 BEARISH
MSB Mesoblast 1.44 5.1 1,597,792 -0.22 BEARISH
PAC Pacsoft 4.42 4.5 113,651 -1.2 BEARISH
EVO Evolve Education 0.13 4 3,170,554 -0.25 BEARISH
DMP Domino 39.13 3.9 396,639 -5.36 BEARISH
SPL Starpharma Holdings 1.39 3.4 409,853 -19.41 BEARISH
GTN GTN Resources 1.08 3.3 24,258 -0.57 BEARISH