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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Foghorn Therapeutics Inc. (NASDAQ:FHTX)
Sidelines Mode (+55) - FHTX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for FHTX
The long-term trend has been UP since Aug 19th, 2024 at 7.4000
The intermediate-term trend has been UP since Oct 30th, 2024 at 8.3522
The short-term trend has been DOWN since Nov 12th, 2024 at 8.8360
Smart Scan Analysis for FHTX
Based on our trend formula, FHTX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.5900 | 7.9400 | 7.4800 | 7.8095 | +0.0995 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.8000 | 82547 | 2024-11-19 15:59:35 |
| 52wk High | 10.25 | 52wk High Date | 2024-09-20 |
| 52wk Low | 2.7 | 52wk Low Date | 2024-02-05 |
| Average Volume | 135,710 | Shares Outstanding | 55,593 |
| Assets | 308,372,000M | Liabilities | 336,659,000M |
| P/E Ratio | 18.8246 |