Fletcher Building (FBU)

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Fletcher Building (FBU): Signals

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[NEUTRAL]: Fletcher Building has a neutral trend in the short term timeframe. The buyers & sellers are not dominant enough to swing the daily trend

The Tricklar short term trend indicator (T1) highlights the high points and low points associated with the individual bars. As such, successive rallies penetrating preceding high points whilst cancelling preceding lower troughs offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous Lower peaks whilst maintaining prices below the previous lower troughs indicates BEARISH trends in the second timeframe.

[Calculation] Tricklar short trend (T1):
1) [BULLISH] An uptrend is a succession of higher highs and higher lows;
2) [BEARISH] A downtrend is a succession of lower highs and lower lows;

Top 10:

First timeframe trend

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