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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

GraniteShares 2x Long META Daily ETF (NASDAQ:FBL)

Weak Downtrend (-65) - FBL is showing signs of a strengthening downtrend. Monitor FBL as it may be building momentum to the downside.

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.

NASDAQ_FBL
Open High Low FBL Price Change
22.05 22.62 21.67 22.26 +1.15
Entry Signal

MarketClub’s Trade Triangles for FBL

long term up The long-term trend has been UP since Feb 2nd, 2024 at 119.17

intermediate term down The intermediate-term trend has been DOWN since Jul 12th, 2024 at 25.53

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 23.38

Smart Scan Analysis for FBL

Based on our trend formula, FBL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for FBL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.05 22.62 21.67 22.26 +1.15
Prev. Close Volume Bid Ask Time
21.11 1395100 2024-07-26 15:59:54
52wk High31.2952wk High Date2024-04-08
52wk Low14.59652wk Low Date2024-01-02
Average Volume1,196,208
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