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Stock Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Forum Energy Metals Corp (CDNX:FMC)
Long-Term Downtrend (-90) - FMC is in a strong downtrend that is likely to continue. While FMC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for FMC
The long-term trend has been DOWN since Mar 13th, 2024 at 0.115
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 0.115
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.120
Smart Scan Analysis for FMC
Based on our trend formula, FMC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.120 | 0.120 | 0.110 | 0.115 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.115 | 166317 | 2024-05-01 15:11:41 |
| 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 |
| Average Volume | 107,032 | Volatility | 110.26 |