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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Fortress Biotech, Inc. - 9.375% Series A Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:FBIOP)
Weak Uptrend (+65) - FBIOP is showing signs of weakening momentum to the upside. Monitor FBIOP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FBIOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBIOP.
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 FBIOP
The long-term trend has been UP since Dec 5th, 2023 at 13.20
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 16.21
The short-term trend has been UP since Apr 29th, 2024 at 14.68
Smart Scan Analysis for FBIOP
Based on our trend formula, FBIOP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.2200 | 16.5000 | 15.8600 | 15.8600 | -0.3386 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.0800 | 5638 | 2024-05-07 12:37:00 |
| Year High | 23.96 | Year High Date | 2018-03-12 |
| Year Low | 11.9 | Year Low Date | 2018-10-22 |
| 52wk High | 18.91 | 52wk High Date | 2023-05-11 |
| 52wk Low | 6.4 | 52wk Low Date | 2023-08-17 |
| Average Volume | 16,080 | Market Cap | 20M |
| Assets | 167,526,000M | Liabilities | 144,982,000M |
| P/E Ratio | 3.8515 | Volatility | 93.21 |
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