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Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Fortress Biotech, Inc. (NASDAQ:FBIO)

Sidelines Mode (+55) - FBIO 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 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.

Open High Low FBIO Price Change
1.84 1.90 1.82 1.88 +0.04
Entry Signal

MarketClub’s Trade Triangles for FBIO

long term down The long-term trend has been DOWN since May 18th, 2023 at 0.645

intermediate term up The intermediate-term trend has been UP since May 17th, 2024 at 1.860

short term down The short-term trend has been DOWN since May 23rd, 2024 at 1.850

Smart Scan Analysis for FBIO

Based on our trend formula, FBIO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for FBIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.84 1.90 1.82 1.88 +0.04
Prev. Close Volume Bid Ask Time
1.87 68426 2024-05-24 15:59:51
Year High5.54Year High Date2018-03-14
Year Low0.83Year Low Date2018-10-31
52wk High10.6552wk High Date2023-06-20
52wk Low1.2452wk Low Date2023-11-10
Average Volume149,569Shares Outstanding3,427
Market Cap133MAssets164,645,000M
Liabilities141,620,000MP/E Ratio-1.24720000
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