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The EMA trend following signal is still current for Fletcher Building [Bullish]
Exponential Moving Average /
The EMA trend following signal is still current for Fletcher Building [Bullish]

[BULLISH]: Fletcher Building currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 0.1%.

Trend continuation possible for FBU from reduced trading activity
Bill Williams Market Facilitation /
Trend continuation possible for FBU from reduced trading activity

Fletcher Building Currently is a confirmed Fake Day. MFI indicator is up, volume is down for FBU. Trend continuation possible for FBU from reduced trading activity.

Volume Rate of Change /
Volume rate of change continues to build for Fletcher Building signalling a short term downtrend is likely

[BEARISH]: Fletcher Building currently has negative rate of change of -33%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.1%.

Moving Average Envelope /
Closing price ($7.96) for FBU is still below the Lower Envelope Band

[BULLISH]: Fletcher Building current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 7.5525.

Close Tod Vs Close Yest /
Fletcher Building: Daily Performance (0.1%.)

[BULLISH]: Fletcher Buildingbuyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for FBU adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 1.7 & the greatest daily positive change this year has been 3.8. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 6.7%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 3.3%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily upward movement has been 1.1%

Fibonacci Extensions /
Limit order for a short position has been identified for Fletcher Building @$5.25

Fletcher Building has moved above the 161.8% level ($5.25) [Bearish]. Look for a short limit order entry near this point. Exit price for FBU should be set @$5.5 & short position stoploss for Fletcher Building should be set at $5

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Volume /
Weaker volume performance from FBU has seen a lower volume of -22 [Downtrend]

[BEARISH]: Fletcher Building current volume downtrend in the first timeframe. Volume for FBU is1.20533e+006 (-22).

Elders Force Index /
Fletcher Building: Elders Force Index (12053.3)

FBU: Elders Force Index Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

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Fletcher Building: Bull Belt-Hold
Bull Belt-Hold /
Fletcher Building: Bull Belt-Hold

[BULLISH]: Fletcher Building has formed a new Bull Belt-Hold reversal pattern.

FBU opening price of $7.75 (-2.3 %)
Opening Price /
FBU opening price of $7.75 (-2.3 %)

[BEARISH]: Fletcher Building opening price has gapped down. Currently, the OPEN is $7.75 (-2.3 %).

Close Tod Vs Range Tod /
Daily trading for FBU indicated buyers are still in control

[BULLISH]: Fletcher Building buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for Fletcher Building adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 235 trading days with the closing price in the upper part of the range giving a confirmation ratio of 89.4%. Over the last month there has been 6 trading days with the closing price in the upper range giving a confirmation ratio of 40%. Currently this quarter, closing price has spent 6 days in the upper price range compared to 4 days in the lower range giving a ratio of 1.5x.

Coles Reaction Day /
Daily trading produced a reaction day for Fletcher Building

Fletcher Building: Coles Reaction Day has been confirmed A lower low has been achieved for last trading day for FBU

Average True Range /
Average True Range for Fletcher Building has signalled an uptrend is active

[Bullish]: Average True Range has confirmed an uptrend is present. Fletcher Building has a TR of 0.3, and an ATR(14) of 0.155.

The current book value of Fletcher Building is $5.12
GROWTH /
The current book value of Fletcher Building is $5.12

Fletcher Building Key financial metrics: (1) Book Value: $5.12 (2) Market-to-Book ratio: 1.55 (3) PEG Ratio: 58.96

[Bullish]: WMA(5) is serving as a support line for Fletcher Building
Weighted Moving Average /
[Bullish]: WMA(5) is serving as a support line for Fletcher Building

[BULLISH]: Fletcher Building currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.1%.

TRADE /
Fletcher Building: MCap is $5.53B

Fletcher Building key financial metrics: (1) MCAP: $5.53B (2) Shares: 695000000 (3) Free Float: 681760000

Williams %R /
William %R (-24.3) for FBU is now below the overbought limit

FBU: William %R Current Signal -> (1) 20 Oct: BULLISH CROSSUNDER (2) 19 Oct: BEARISH CROSSOVER (3) 18 Oct: NEUTRAL

Woodie Pivot Point /
[Long]: Entry price for FBU should be set @$8.11

Fletcher Building has broken the first Woodie resistance point ($8.11) [Bullish]. Look for a long limit order entry near this point. Exit price for FBU should be set @$8.23 & Stoploss for Fletcher Building should be set at $7.63

Detrended Price for FBU has signalled bearish price movements are likely
Detrended Price Oscillator /
Detrended Price for FBU has signalled bearish price movements are likely

FBU: DPO Current Signal -> (1) 20 Oct: BEARISH (2) 19 Oct: BEARISH (3) 18 Oct: BEARISH

Fletcher Building: EPS is 0.14
VALUE /
Fletcher Building: EPS is 0.14

Fletcher Building Key financial metrics: (1) EPS: $0.14 (2) P/E Ratio: 58.96

The SWMA trend following signal is still current for Fletcher Building [Bullish]
Sine Weighted Moving Average /
The SWMA trend following signal is still current for Fletcher Building [Bullish]

[BULLISH]: Fletcher Building currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.1%.

Long White Candle /
FBU Basic Candle: Long White

[BULLISH]: Fletcher Building has formed a Long White candlestick. This means, FBU has traded with strong buying pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Accumulation / Distribution /
Market conditions are indicating accumulation is current for FBU

[BULLISH]: Fletcher Building current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Aroon Oscillator /
FBU: Aroon oscillator has confirmed a strong downtrend @-76

FBU: Aroon Oscillator Current Signal -> (1) 20 Oct: BEARISH STRONG (2) 19 Oct: BEARISH STRONG (3) 18 Oct: BEARISH STRONG

Closing Price /
Close for FBU has surpassed the close of the previous trading session

FBU: CLOSE Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BEARISH

Fletcher Building is no longer overbought and normal trading conditions are resumed
Stochastic Oscillator /
Fletcher Building is no longer overbought and normal trading conditions are resumed

[BEARISH]: Fletcher Building is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

5-day momentum is increasing for Fletcher Building
Momentum /
5-day momentum is increasing for Fletcher Building

[BULLISH]: Fletcher Building currently has positive momentum of 0.25. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.1%. The largest upward momentum rally for the last 3 months is 4 days producing a return of 0%%.

Simple Moving Average /
The SMA trend following signal is still current for Fletcher Building [Bullish]

[BEARISH]: Fletcher Building currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.1%.

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