Stock Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Forte Biosciences, Inc. (NASDAQ:FBRX)
Bull Market Weakness (+75) - FBRX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FBRX as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for FBRX
The long-term trend has been DOWN since Feb 18th, 2021 at 30.75
The intermediate-term trend has been UP since Mar 29th, 2021 at 31.74
The short-term trend has been UP since Mar 26th, 2021 at 29.94
Smart Scan Analysis for FBRX
Based on our trend formula, FBRX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||53.99||52wk High Date||2020-09-24|
|52wk Low||13.35||52wk Low Date||2020-06-22|
|Average Volume||364,551||Shares Outstanding||1,595|