Stock Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
Forum Merger IV Corporation - Class A Common stock (NASDAQ:FMIV)
Sidelines Mode (+55) - FMIV 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 FMIV?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMIV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMIV
The long-term trend has been UP since Nov 8th, 2021 at 9.79
The intermediate-term trend has been DOWN since Dec 7th, 2021 at 9.75
The short-term trend has been UP since Dec 8th, 2021 at 9.79
Smart Scan Analysis for FMIV
Based on our trend formula, FMIV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.92||52wk High Date||2021-06-23|
|52wk Low||9.63||52wk Low Date||2021-08-27|
|Average Volume||84,168||Shares Outstanding||34,604|