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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Forian Inc. (NASDAQ:FORA)
Long-Term Downtrend (-90) - FORA is in a strong downtrend that is likely to continue. While FORA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FORA?
MarketClub looks at technical strength and momentum to determine if the timing is right for FORA.
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 FORA
The long-term trend has been DOWN since Apr 12th, 2024 at 2.48
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 2.81
The short-term trend has been DOWN since Apr 1st, 2024 at 3.00
Smart Scan Analysis for FORA
Based on our trend formula, FORA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.470 | 2.735 | 2.470 | 2.685 | +0.165 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.520 | 30245 | 2024-04-19 14:18:42 |
| 52wk High | 4.15 | 52wk High Date | 2024-03-12 |
| 52wk Low | 1.846 | 52wk Low Date | 2023-10-03 |
| Average Volume | 27,558 | Shares Outstanding | 31,132 |
| Assets | 58,888,612M | Liabilities | 32,708,806M |
| P/E Ratio | 7.4118 |