Fastbrick Robotics (FBR)

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Fastbrick Robotics (FBR): Signals

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TECHNICAL ANALYSIS SUMMARY

Fastbrick Robotics (FBR.AX)


Indicator:

PIVOT POINT


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) current pivot point is: $ 0.198.
The current resistance levels are:
(R1) $0.211
(R2) $0.233
(R3) $0.246

The current support levels are:
(S1) $0.176
(S2) $0.163
(S3) $0.141



Pivots Points are significant levels chartists can use to determine directional movement support and resistance. Pivot Points use the prior period’s high low and close to formulate future support and resistance. In this regard Pivot Points are predictive or leading indicators.

Calculation: Pivot Points:
1) Pivot Point (P) = (High + Low + Close)/3;
2) Support 1 (S1) = (P x 2) – High; Support 2 (S2) = P - (High - Low);
3) Resistance 1 (R1) = (P x 2) – Low Resistance 2; (R2) = P + (High - Low);


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:

Pivot Points

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