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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.

NASDAQ_FHTX
Open High Low FHTX Price Change
6.03 6.13 5.88 5.88 -0.11
Entry Signal

MarketClub’s Trade Triangles for FHTX

long term down The long-term trend has been DOWN since Sep 18th, 2023 at 6.1700

intermediate term down The intermediate-term trend has been DOWN since Aug 21st, 2023 at 7.8700

short term up 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).

-85
Smart Scan Analysis for FHTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.03 6.13 5.88 5.88 -0.11
Prev. Close Volume Bid Ask Time
5.99 10215 2023-09-28 13:05:18
52wk High9.9752wk High Date2023-08-15
52wk Low4.5152wk Low Date2023-03-10
Average Volume64,399Shares Outstanding41,862
Assets339,576,000MLiabilities388,926,000M
P/E Ratio18.8246
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