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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Foghorn Therapeutics Inc. (NASDAQ:FHTX)
Bull Market Weakness (+75) - FHTX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FHTX as it may be in the beginning stages of a reversal.
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 DOWN since Jul 10th, 2024 at 4.80
The intermediate-term trend has been UP since Jul 12th, 2024 at 6.14
The short-term trend has been UP since Jul 23rd, 2024 at 6.59
Smart Scan Analysis for FHTX
Based on our trend formula, FHTX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.730 | 6.930 | 6.485 | 6.750 | +0.230 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.520 | 73991 | 2024-07-26 15:59:34 |
| 52wk High | 9.97 | 52wk High Date | 2023-08-15 |
| 52wk Low | 2.7 | 52wk Low Date | 2024-02-05 |
| Average Volume | 137,234 | Shares Outstanding | 42,586 |
| Assets | 255,004,000M | Liabilities | 352,490,000M |
| P/E Ratio | 18.8246 |