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

[BEARISH]: Fletcher Building is in an downtrend in the medium term timeframe. The current rally number is 25 & the highest rally count for the LTM is 58. The highest rally for the month is 17



The Tricklar medium term trend indicator (T2) highlights the peaks and troughs associated with a combination of bars within the first timeframe. As such, successive rallies penetrating preceding higher peaks whilst cancelling preceding low points offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous high points whilst maintaining prices below the previous low points indicates BEARISH trends in the second timeframe. The way in which multiple timeframes should be integrated in a complete analysis emphasises an important principle that applies to all technical analysis. The investor should always analyse a market from the big picture down to the level at which trading decisions are made. Trends can exist in many timeframes. Short term trends can therefore be seen together as part of a medium term trend and, in turn, medium trends can be seen together as part of a long term trend.
Calculation: Tricklar medium trend (T2):
1) [BULLISH] An uptrend is a succession of higher peaks and higher troughs;
2) [BEARISH] A downtrend is a succession of lower peaks and lower troughs;


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:

2nd timeframe trend

Download button icon Download
Company Close Change (%) Volume Value Signal
AFA ASF 0.16 23.1 20,000 1 BULLISH
TZN Terramin Australia 0.1 9.9 117,532 1 BULLISH
LNG Liquefied Natural Gas 0.7 9.4 3,202,760 1 BULLISH
ISX Isignthis 0.18 9.1 1,585,629 1 BULLISH
EWC Energy World Corporation 0.19 8.8 503,392 1 BULLISH
IRI Integrated Research 2.78 7.8 430,094 1 BULLISH
SAS Sky And Space Global 0.06 7.3 4,707,730 1 BULLISH
CUV Clinuvel Pharmaceuticals 21.2 7 130,068 1 BULLISH
BPT Beach Petroleum 2.04 6 25,271,336 1 BULLISH
BKW Brickworks 16.94 4.4 599,835 1 BULLISH
back to top