Stock Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
Forum Merger II Corp WTS (NASDAQ:FMCIW)
Weak Downtrend (-65) - FMCIW is showing signs of a strengthening downtrend. Monitor FMCIW as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FMCIW?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMCIW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMCIW
The long-term trend has been UP since May 14th, 2020 at 0.64
The intermediate-term trend has been DOWN since Sep 24th, 2020 at 5.93
The short-term trend has been DOWN since Sep 22nd, 2020 at 8.72
Smart Scan Analysis for FMCIW
Based on our trend formula, FMCIW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.95||Year High Date||2018-09-14|
|Year Low||0.48||Year Low Date||2018-09-12|
|52wk High||9.83||52wk High Date||2020-09-09|
|52wk Low||0.1444||52wk Low Date||2020-03-16|