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Fortress Biotech Inc (FBIO) – sideways & breakout history

NASDAQ

Fortress Biotech Inc has been moving sideways between $7.203 and $17.40 since 13 Aug 2023.

Since 2021, NasdaqScan has found 2 sideways ranges in FBIO. The completed range lasted 812 days. It broke downward. The current range is 142% wide from low to high. NasdaqScan detected one breakout pattern in Fortress Biotech Inc, on 25 Sept 2022 after 546 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$7.203 – $17.4013 Aug 2023Still sideways——
$49.05 – $91.5012 Sept 20213 Dec 2023 (812 days)Broke below the range at $1.2425 Sept 2022 (Go ahead)

Breakout patterns detected

  • 25 Sept 2022: breakout from a sideways range after 546 days (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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