Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
GraniteShares 1.5x Long Meta Daily ETF (NASDAQ:FBL)
Bull Market Weakness (+75) - FBL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FBL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FBL?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBL.
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 FBL
The long-term trend has been UP since Jan 4th, 2023 at 25.7601
The intermediate-term trend has been DOWN since Sep 27th, 2023 at 90.1900
The short-term trend has been UP since Sep 28th, 2023 at 94.8400
Smart Scan Analysis for FBL
Based on our trend formula, FBL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 96.83 | 97.47 | 95.26 | 97.41 | +3.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 97.49 | 22232 | 2023-10-02 15:59:55 |
| 52wk High | 109.19 | 52wk High Date | 2023-07-27 |
| 52wk Low | 24.8537 | 52wk Low Date | 2022-12-19 |
| Average Volume | 47,347 |