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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Foghorn Therapeutics Inc. (NASDAQ:FHTX)
Crossroads (+60) - FHTX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FHTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FHTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FHTX
The long-term trend has been UP since Feb 15th, 2024 at 6.89
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 5.85
The short-term trend has been DOWN since May 7th, 2024 at 5.82
Smart Scan Analysis for FHTX
Based on our trend formula, FHTX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.51 | 5.93 | 5.51 | 5.90 | +0.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.98 | 48487 | 2024-05-08 15:58:10 |
| 52wk High | 9.97 | 52wk High Date | 2023-08-15 |
| 52wk Low | 2.7 | 52wk Low Date | 2024-02-05 |
| Average Volume | 68,872 | Shares Outstanding | 42,586 |
| Assets | 255,004,000M | Liabilities | 352,490,000M |
| P/E Ratio | 18.8246 |