Stock Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Forma Therapeutics Holdings, Inc. (NASDAQ:FMTX)
Bull Market Weakness (+75) - FMTX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FMTX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FMTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMTX
The long-term trend has been DOWN since Dec 21st, 2020 at 36.53
The intermediate-term trend has been UP since Jun 22nd, 2022 at 6.41
The short-term trend has been UP since Jun 17th, 2022 at 5.49
Smart Scan Analysis for FMTX
Based on our trend formula, FMTX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||25.9||52wk High Date||2021-07-02|
|52wk Low||4.95||52wk Low Date||2022-06-16|
|Average Volume||920,838||Shares Outstanding||47,805|