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Fletcher Building Limited

FBU.AX Technical Analysis Summary (ASX)

Analyze FBU.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FBU.AX●ASX
Basic MaterialsConstruction Materials
$2.90
$0.06(2.11%)
Australian Market opens in 53h 48m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FBU.AX Technical Analysis Summary (ASX)

Fletcher Building Limited (ASX: FBU.AX) stock currently shows a bullish trend on the ASX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 66.34)
Trend Strength:Strong (ADX: 34.78)
Volatility:Medium (ATR: 0.09)
Support/Resistance:$2.52 – $2.90 (Bollinger Bands)

Technical conditions suggest Fletcher Building Limited on the ASX is awaiting a decisive move. This mix signals that Fletcher Building Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 66.34

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 96.19

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 13.85

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 34.78

Strong
Strong trend, momentum well established.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): 182.79

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Fletcher Building Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.90
Middle Band (SMA 20)
$2.71
Lower Band
$2.52
Current Position
Within Bands

Takeaway:Fletcher Building Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$2.94
Middle Line (EMA 20)
$2.76
Lower Channel
$2.58
Squeeze Status
No Squeeze

Takeaway:Fletcher Building Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-38.08M
Money Flow Index80.78Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index60.89Bullish, price momentum strongly favors buyers.

Overall Takeaway:FBU.AX shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Fletcher Building Limited (ASX: FBU.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Fletcher Building Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: FBU.AX) Technical Analysis FAQ