Discover, explore & compare companies within the Industrial Goods Sector from the New Zealand Stock Exchange (NZX). Download the latest price data & trading signals

Fletcher Building has moved below the S1 Camarilla pivot point ($6.987) [Bearish]
Camarilla Pivot Points /
Fletcher Building has moved below the S1 Camarilla pivot point ($6.987) [Bearish]

Fletcher Building has broken the first Camarilla support point ($6.987) [Bearish]. Look for a short limit order entry near this point. Exit price for FBU should be set @$6.353 & short position stoploss for Fletcher Building should be set between $8.887 & $9.52

Fletcher Building has initiated a negative rate of change of -0.781
Rate of Change /
Fletcher Building has initiated a negative rate of change of -0.781

[BEARISH CROSSOVER]: Fletcher Building currently has negative rate of change of -0.8%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Williams %R /
FBU: William %R has traded below the overbought limit @-72

FBU: William %R Current Signal -> (1) 12 Jan: BULLISH CROSSUNDER (2) 12 Jan: BEARISH CROSSUNDER (3) 12 Jan: BULLISH

Chaikin Money Flow /
Fletcher Building: Chaikin Oscillator crossover has formed from increased buying pressure

[BULLISH CROSSOVER]: Fletcher Building current price has highlighted recent buying pressure and the start of a bullish trading conditions. Currently, the CMF is 0.51. During the quarter, the highest CMF value was 0.56

Demarks Pivot Points /
[Short]: Entry price for FBU should be set @$7.605

Fletcher Building has broken the first DeMark support point ($7.605) [Bearish]. Look for a short limit order entry near this point. Exit price for FBU should be set @$7.59 & short position stoploss for Fletcher Building should be set at $7.65

Close Tod Vs Close Yest /
Closing price for FBU ($7.62) signals buyers are now keener than sellers

[BULLISH]: Fletcher Buildingbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for FBU adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 1.4 & the greatest daily positive change this year has been 1.4. The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 11.1%. This quarter, the largest upswing rally has been 1 days giving a total rally upward movement of 1.4%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.8x. Over the last month the average daily upward movement has been 0.7%

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MACD Volume /
The Volume MACD for FBU is gaining momentum through a rise on the short term EMA

[BULLISH]: Fletcher Building currently has positive Volume MACD of 63802. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Relative Strength Index for FBU has crossed below the overbought limit triggering a neutral signal
Relative Strength Index /
Relative Strength Index for FBU has crossed below the overbought limit triggering a neutral signal

[BEARISH]: Fletcher Building is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @74.7632

FBU Basic Candle: Short White
Short White Candle /
FBU Basic Candle: Short White

[BULLISH WEAK]: Fletcher Building has formed a Short White candlestick. This means, FBU has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Stochastic Oscillator /
Initiation of oversold signal for Fletcher Building [Bullish Crossover]

[BULLISH]: Fletcher Building is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Moving Average Envelope /
Fletcher Building: Closing price $7.62 is below the Lower Envelope Band ($7.1250)

[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 7.1250.

Range Tod Vs Range Yest /
Sellers are now increasingly eager for Fletcher Building & the price range is expanding

FBU: Range today versus range yesterday Current Signal ->(1) 12 Jan: BEARISH (2) 12 Jan: BULLISH (3) 12 Jan: BEARISH

[Bearish]: EMA(5) is serving as a resistance line for Fletcher Building
Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Fletcher Building

FBU: EMA(5) Current Signal -> (1) 12 Jan: BULLISH (2) 12 Jan: BEARISH CROSSOVER (3) 12 Jan: BULLISH CROSSOVER

Fletcher Building: Uptrend for the medium term trend is continued
Medium Trend /
Fletcher Building: Uptrend for the medium term trend is continued

FBU: Medium Term Current Signal -> (1) 12 Jan: BULLISH (2) 12 Jan: BULLISH (3) 12 Jan: BULLISH CONFIRM

Accumulation / Distribution /
Accumulation has commenced for Fletcher Building

[BULLISH CROSSOVER]: Fletcher Building current price has highlighted the commencement of accumulation and the start of bullish trading conditions.

MACD /
Fletcher Building: MACD oscillator (-0.031000)

[BEARISH CROSSOVER]: Fletcher Building currently has negative MACD of -0.031000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -0.8%.

Volume /
Fletcher Building: Daily volume is 124552 [Lower Volume]

[BEARISH]: Fletcher Building current volume downtrend in the first timeframe. Volume for FBU is124552 (-89.6).

Fletcher Building: Percentage Volume Oscillator @-30.2 [Bearish]
Percentage Volume /
Fletcher Building: Percentage Volume Oscillator @-30.2 [Bearish]

[BEARISH]: Fletcher Building currently has negative PVO -30.2%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -0.8%.

Strong price performance from FBU has seen a lower low of 0.1 % [Uptrend]
Low Price /
Strong price performance from FBU has seen a lower low of 0.1 % [Uptrend]

[BEARISH]: Fletcher Building current uptrend in the first timeframe. Currently, the Low is $7.56 (0.1 %).

Recent trading signals Fletcher Building is being accumulated
On Balance Volume /
Recent trading signals Fletcher Building is being accumulated

[BULLISH]: Fletcher Building current price has highlighted recent accumulation. Currently, the OBV is 5.0131e+006.

Opening Price /
Fletcher Building: Daily opening price is $7.58

[BEARISH]: Fletcher Building opening price has gapped down. Currently, the OPEN is $7.58 (-1.4 %).

Open Tod Vs Close Tod /
Open/close reversal: Buyers have taken control during the trading day for Fletcher Building

[BULLISH]: Fletcher Building opened in the middle part of daily range at 33.3% & closed in the upper part of the trading range at 100%. This suggests the buyers have taken control. Over the last 12 months there has been 3 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 6.4%. Over the last month there has been 2 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 25%.

Commodity Channel Index /
Normal trading conditions are continued for Fletcher Building

[NEUTRAL]: Fletcher Building current trading has closed out Commodity Channel Index to overbought status and signalled the initiation of normal trading conditions. Currently, the CCI is -35. The previous bearish signal was active for 3 days. During the quarter, the highest CCI value was 65.

Elders Force Index /
Recent trading highlights initial selling pressure is present for FBU

[BEARISH]: Fletcher Building current price has highlighted recent selling pressure. Currently, the Elders Force Index is -5736.

Fletcher Building has moved below the S1 pivot point ($7.58) [Bearish]
Pivot Points /
Fletcher Building has moved below the S1 pivot point ($7.58) [Bearish]

Fletcher Building has broken the first support point ($7.58) [Bearish]. Look for a short limit order entry near this point. Exit price for FBU should be set @$7.54 & short position stoploss for Fletcher Building should be set between $7.66 & $7.7

Sine Weighted Moving Average(5) signal is confirmed for Fletcher Building indicating downward price movement is likely
Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal is confirmed for Fletcher Building indicating downward price movement is likely

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

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