Stock Trend Analysis Report
Prepared for you on Sunday, April 2, 2023.
FG Merger Corp. (NASDAQ:FGMC)
Countertrend Up (+85) - FGMC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FGMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGMC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FGMC
The long-term trend has been UP since Jun 7th, 2022 at 10.370
The intermediate-term trend has been UP since Oct 31st, 2022 at 10.060
The short-term trend has been DOWN since Mar 24th, 2023 at 10.435
Smart Scan Analysis for FGMC
Based on our trend formula, FGMC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.5||52wk High Date||2022-08-17|
|52wk Low||9.89||52wk Low Date||2022-05-26|
|Average Volume||39,654||Shares Outstanding||10,158|