Finbar International (FRI.AX)
Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Finbar International (ASX:FRI) : The current Fibonacci Extension levels are:
The current support levels are:
Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.
Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
PROFILE: Finbar International (FRI.AX)
Stock Exchange: ASX
Company: Finbar International
Ticker Codes: | FRI.AX | ASX:FRI |
Finbar Group Limited, through its subsidiaries, develops and invests in properties in Australia. It primarily develops medium to high-density residential apartments and commercial office/retail properties; and rents its properties in Western Australia. The company was incorporated in 1984 and is based in East Perth, Australia.
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