Meanwhile, the Bollinger Bands expanded 30%, with the FBMACE below the Bollinger Middle Band. Therefore, the Bollinger Bands is now suggesting a bearish signal for the FBMACE.

As circled at B, the Stochastic stays below 30%, in the short term bearish region. This suggests that the short term market movement for FBMACE is on the negative side, until the Stochastic could break above 30%.

As circled at C, the MACD histogram is still falling, and this suggests that the FBMACE is still losing strength, and the weakening movement of the FBMACE is expected to carry on until the MACD histogram should form a Rounding Bottom.

Earlier, the Stochastic and the MACD histogram have signaled negative signal for the FBMACE, but the FBMACE was holding well above the 14, 21, 31 EMA. Now that the FBMACE has lost its support, the technical outlook for the FBMACE is bearish bias. If the FBMACE should remains resisted by the 14, 21, 31 EMA, the bearish movement for the FBMACE is expected to remain intact.

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