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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.
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MarketClub’s Trade Triangles for FBRX
The long-term trend has been DOWN since Aug 4th, 2023 at 0.9600
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 0.8200
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).
| 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 High | 1.2899 | 52wk High Date | 2023-04-06 |
| 52wk Low | 0.6101 | 52wk Low Date | 2023-10-02 |
| Average Volume | 54,458 | Shares Outstanding | 1,595 |
| Assets | 31,184,000M | Liabilities | 6,300,000M |