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Takip Edin: @UscMarketsFBIN Stock Forecast & Fortune Brands Innovations Chart Analysis
This article provides a detailed analysis of FBIN-Fortune Brands Innovations stock including a forecast for FBIN shares. It features Fortune Brands Innovations, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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FBIN Historical Data Review
FBIN Current Price Performance Analysis
The Fortune Brands Innovations - FBIN stock traded on the American stock market, on 03-08-2024, closed at 81.47$ with a %-0.21 decreased compared to the previous day.
In the last month, the price of FBIN changed by %3.80 increased in value, from 78.49 dollars on 02-07-2024 to 81.47 dollars, increased.
Last year, the price of FBIN was 59.29 dollars on 03-09-2023, and changed by %37.41 increased in value, to 81.47 dollars increased within a year.
The price of Fortune Brands Innovations stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
FBIN with AI Stock Forecast & Price Target
On the FBIN chart Fortune Brands Innovations price was recorded as 81.47 Dollars on 03/08/2024.
The artificial intelligence's forecast on FBIN stock is as follows.
The artificial intelligence's prediction error margin for FBIN stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Fortune Brands Innovations stock over the next 4 months is: 94.6 Dollars.
The commentary on FBIN stock Target Price: Highest: 107.343 Dollars is predicted.
The commentary on FBIN stock Target Price: Lowest: 84.121 Dollars is predicted.
Resistance Price where Fortune Brands Innovations stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 04-22-2024 | 89.727 |
| 06-26-2024 | 95.394 |
| 10-14-2024 | 100.728 |
| 12-03-2024 | 107.343 |
Support Price where Fortune Brands Innovations stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 05-17-2024 | 89.139 |
| 08-20-2024 | 86.078 |
| 10-29-2024 | 100.024 |
The commentary on FBIN stock: The target price can generally be said to be on the rise.
The commentary on FBIN stock: Fluctuations in the target price can be expected in the coming days.
The target price for Fortune Brands Innovations stock by the end of 2024 is predicted to be 105.469 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on FBIN stock, and the 2024 target price predictions for Fortune Brands Innovations are detailed above.
The technical analysis and charts for the commentary on FBIN stock are below.
FBIN Support & Resistance and Trend Analysis
FBIN stock you have reviewed the technical analysis support resistance charts regarding.
FBIN : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the FBIN review, the Fortune Brands Innovations support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Fortune Brands Innovations Support and Resistance Prices:
| FBIN Support Level Price | FBIN Resistance Level Price |
|---|---|
| 54.10 | 62.51 |
| 57.00 | 70.55 |
| 57.08 | 73.25 |
| 64.87 | 80.33 |
| 73.08 | 80.91 |
| 75.07 | 81.48 |
| 75.72 | |
| 77.64 |
FBIN Technical Analysis: SMA, RSI, MACD
Upon reviewing the FBIN chart, buy and sell signals have been generated in the Fortune Brands Innovations technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for FBIN stock are as follows:- FBIN technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Fortune Brands Innovations gave a 'Buy' signal when the RSI was at 19.141, with the current RSI value at 60.093.
- The technical analysis for Fortune Brands Innovations indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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