Stock Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Foran Mining Corp (CDNX:FOM)
Sidelines Mode (+55) - FOM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FOM?
MarketClub looks at technical strength and momentum to determine if the timing is right for FOM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FOM
The long-term trend has been UP since Jun 9th, 2022 at 2.85
The intermediate-term trend has been DOWN since Apr 28th, 2023 at 3.60
The short-term trend has been UP since Jun 2nd, 2023 at 3.47
Smart Scan Analysis for FOM
Based on our trend formula, FOM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.62||Year High Date||2018-01-23|
|Year Low||0.23||Year Low Date||2018-10-26|
|52wk High||0.62||52wk High Date||2018-01-23|
|52wk Low||0.23||52wk Low Date||2018-10-26|
|Year End Close||0.485||Average Volume||16,506|