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)....
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 (20min delay)
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Last
$2.77 |
Change
0.030(1.09%) |
Mkt cap ! $2.966B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.77 | $2.72 | $536.1K | 195.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 12373 | $2.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.77 | 5894 | 8 |
View Market Depth
| Last trade - 14.48pm 11/08/2025 (20 minute delay) ? |
| FBU (ASX) Chart |