Stock Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
Fortune Bay Corp (CDNX:FOR)
Long-Term Uptrend (+90) - FOR is in a strong uptrend that is likely to continue. While FOR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FOR?
MarketClub looks at technical strength and momentum to determine if the timing is right for FOR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FOR
The long-term trend has been UP since Dec 31st, 2019 at 0.39
The intermediate-term trend has been UP since Oct 16th, 2020 at 1.25
The short-term trend has been UP since Oct 9th, 2020 at 1.10
Smart Scan Analysis for FOR
Based on our trend formula, FOR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.45||Year High Date||2018-02-27|
|Year Low||0.205||Year Low Date||2018-11-26|
|52wk High||0.5||52wk High Date||2017-11-30|
|52wk Low||0.205||52wk Low Date||2018-11-26|