Stock Trend Analysis Report
Prepared for you on Wednesday, September 23, 2020.
Forma Therapeutics Holdings, Inc. (NASDAQ:FMTX)
Sidelines Mode (-55) - FMTX 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 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 Jul 14th, 2020 at 38.02
The intermediate-term trend has been UP since Aug 17th, 2020 at 37.92
The short-term trend has been DOWN since Sep 21st, 2020 at 43.00
Smart Scan Analysis for FMTX
Based on our trend formula, FMTX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||50||52wk High Date||2020-09-02|
|52wk Low||31.45||52wk Low Date||2020-08-14|
|Average Volume||165,730||Shares Outstanding||41,118|