Below is a weekly chart of Fletcher Building Limited (FBU).
There was a recent buy signal when PA had a breakout above $7.35 - $7.45 support/resistance area with conviction. Next resistance area is at >$8.00.
Price is trading above both the 50w and 200w sma's closing the week at its highs.
MACD had a bullish up cross in February and has since had an expanding +ve histogram. The histogram is at its highest level (0.158) expanding since the up cross, and for actually, over 3 1/2yrs.
Stochastics bullish higher lows have been formed during Q1 >20, with Base now just inside the bullish continuation region (80.68).
IMO bullish over the next 6 - 12mths.
Below is a weekly chart of Fletcher Building Limited (FBU)....
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$3.00 |
Change
0.050(1.69%) |
Mkt cap ! $3.224B | |||
| Open | High | Low | Value | Volume |
| $2.97 | $3.04 | $2.96 | $4.029M | 1.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4305 | $2.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 4361 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| FBU (ASX) Chart |