Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
GraniteShares 2x Long META Daily ETF (NASDAQ:FBL)
Sidelines Mode (+55) - FBL 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 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 Feb 2nd, 2024 at 119.1700
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 25.7900
The short-term trend has been UP since May 3rd, 2024 at 21.7899
Smart Scan Analysis for FBL
Based on our trend formula, FBL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.94 | 24.29 | 22.94 | 23.96 | +0.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.56 | 529065 | 2024-05-08 11:48:10 |
| 52wk High | 31.29 | 52wk High Date | 2024-04-08 |
| 52wk Low | 13.41818 | 52wk Low Date | 2023-05-10 |
| Average Volume | 997,146 |