Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, October 14, 2024.
Forte Biosciences, Inc. (NASDAQ:FBRX)
Strong Downtrend (-100) - FBRX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FBRX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FBRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBRX.
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 FBRX
The long-term trend has been DOWN since Jun 20th, 2024 at 0.5101
The intermediate-term trend has been DOWN since Aug 5th, 2024 at 0.5300
The short-term trend has been DOWN since Sep 18th, 2024 at 6.7000
Smart Scan Analysis for FBRX
Based on our trend formula, FBRX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.800 | 4.840 | 4.495 | 4.550 | -0.260 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.550 | 17807 | 2024-10-11 14:24:36 |
| 52wk High | 21.25 | 52wk High Date | 2024-01-10 |
| 52wk Low | 4.81 | 52wk Low Date | 2024-10-10 |
| Average Volume | 11,667 | Shares Outstanding | 36,442 |
| Assets | 26,078,000M | Liabilities | 9,117,000M |
| P/E Ratio | -0.46160000 |