Fletcher Building (FBU)

Download button icon Download

Fletcher Building (FBU): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Fletcher Building (FBU.AX)


Indicator:

AVG DIRECTIONAL INDEX


Last Signal:

MEDIUM TREND


Trading: HOLD @ $4.49
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Fletcher Building (ASX:FBU) has confirmed a strong trend is present. Fletcher Building has an ATR(14) of 0.125, a DX of 42.37 & an ADX(14) of 41.06



The Average Directional Index (ADX) Minus Directional Indicator (-DI) and Plus Directional Indicator (+DI) represent a group of directional movement indicators that form a trading system developed by Welles Wilder.

Calculation: Average Directional Movement Index (ADX):
Trend Strength ;
1) 0-25 = Absent or Weak Trend;
2) 25-50 = Strong Trend;
3) 50-75 = Very Strong Trend;
4) 75-100 Extremely Strong Trend;


PROFILE: Fletcher Building (FBU.AX)


Stock Exchange: ASX
Company: Fletcher Building
Ticker Codes: | FBU.AX | ASX:FBU |

About Fletcher Building (ASX:FBU):

Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building and construction products in New Zealand, Australia, and internationally. Its Building Products segment manufactures, distributes, and markets building products, such as concrete pipes and products, cement and aggregates, plastic pipes, and building materials for commercial and residential markets. The company's International segment provides laminate and surface products for commercial and residential spaces; decorative wood panels and laminates, particle boards, medium density fiber boards, and other decorative products; and pressed metal roof tiles. Its Distribution segment distributes building, plumbing, pipeline, and steel products. The company's Residential and Land Development segment develops land holdings for residential and commercial use, as well as operates as a residential home builder. Its Construction segment builds and maintains commercial buildings and infrastructure projects. Fletcher Building Limited was founded in 1909 and is headquartered in Auckland, New Zealand.

Top 10:

Average Directional Index

Download button icon Download
Company Close Change (%) Volume Value Signal
BOC Bougainville Copper 0.19 15.2 2,000 -11.45 NEUTRAL
MPP Metro Performance Glass 0.5 11.1 6,500 16.87 NEUTRAL
FRI Finbar International 0.82 9.3 29,707 -22.07 NEUTRAL
VAH Virgin Australia Holdings 0.2 8.3 322,385 21.51 NEUTRAL
WBA Webster 1.74 6.1 217,209 18.06 NEUTRAL
SGR The Star Entertainment 4.58 5.3 3,025,465 -11.74 NEUTRAL
EPW ERM Power 1.65 5.1 110,867 15.74 NEUTRAL
ANG Austin Engineering 0.22 4.8 1,029,374 21.06 NEUTRAL
AJX Alexium International 0.12 4.5 408,959 16.34 NEUTRAL
SHM Shriro 0.59 4.4 31,698 -11.83 NEUTRAL
back to top