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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Forte Biosciences, Inc. (NASDAQ:FBRX)

Long-Term Downtrend (-90) - FBRX is in a strong downtrend that is likely to continue. While FBRX is showing intraday strength, it remains in the confines of a bearish trend. 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.

NASDAQ_FBRX
Open High Low FBRX Price Change
0.610000 0.619200 0.600101 0.604900 -0.014300
Entry Signal

MarketClub’s Trade Triangles for FBRX

long term down The long-term trend has been DOWN since Aug 4th, 2023 at 0.9600

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2023 at 0.8200

short term down The short-term trend has been DOWN since Sep 8th, 2023 at 0.8285

Smart Scan Analysis for FBRX

Based on our trend formula, FBRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FBRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.610000 0.619200 0.600101 0.604900 -0.014300
Prev. Close Volume Bid Ask Time
0.619200 5391 2023-10-03 09:36:43
52wk High1.289952wk High Date2023-04-06
52wk Low0.610152wk Low Date2023-10-02
Average Volume54,458Shares Outstanding1,595
Assets31,184,000MLiabilities6,300,000M
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