Stock Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Forum Energy Metals Corp (CDNX:FMC)
Countertrend Down (-85) - FMC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid FMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMC
The long-term trend has been DOWN since May 2nd, 2022 at 0.17
The intermediate-term trend has been DOWN since Apr 14th, 2022 at 0.23
The short-term trend has been UP since Jun 28th, 2022 at 0.12
Smart Scan Analysis for FMC
Based on our trend formula, FMC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.09||Year High Date||2018-01-02|
|Year Low||0.035||Year Low Date||2018-05-30|
|52wk High||0.09||52wk High Date||2017-12-29|
|52wk Low||0.035||52wk Low Date||2018-05-30|