Stock Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Fortress Biotech, Inc. (NASDAQ:FBIO)
Long-Term Uptrend (+90) - FBIO is in a strong uptrend that is likely to continue. While FBIO 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 FBIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBIO
The long-term trend has been UP since Jan 17th, 2023 at 0.9710
The intermediate-term trend has been UP since Feb 27th, 2023 at 0.8999
The short-term trend has been UP since Mar 24th, 2023 at 0.7500
Smart Scan Analysis for FBIO
Based on our trend formula, FBIO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||5.54||Year High Date||2018-03-14|
|Year Low||0.83||Year Low Date||2018-10-31|
|52wk High||1.525||52wk High Date||2022-04-05|
|52wk Low||0.4802||52wk Low Date||2022-12-29|
|Average Volume||410,668||Shares Outstanding||108,615|