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Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
FORMATION MINERALS INC (NASDAQ:FOMI)
Sidelines Mode (+55) - FOMI 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 FOMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for FOMI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FOMI
The long-term trend has been UP since May 31st, 2024 at 0.0965
The intermediate-term trend has been DOWN since Jun 11th, 2024 at 0.0512
The short-term trend has been UP since Sep 5th, 2024 at 0.0500
Smart Scan Analysis for FOMI
Based on our trend formula, FOMI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.036 | 0.046 | 0.036 | 0.041 | -0.017 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.059 | 530 | 2024-09-06 10:19:14 |