Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Foghorn Therapeutics Inc. (NASDAQ:FHTX)
Countertrend Down (-85) - FHTX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid FHTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FHTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FHTX
The long-term trend has been DOWN since Sep 18th, 2023 at 6.1700
The intermediate-term trend has been DOWN since Aug 21st, 2023 at 7.8700
The short-term trend has been UP since Sep 26th, 2023 at 6.2894
Smart Scan Analysis for FHTX
Based on our trend formula, FHTX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.97||52wk High Date||2023-08-15|
|52wk Low||4.51||52wk Low Date||2023-03-10|
|Average Volume||64,399||Shares Outstanding||41,862|