Stock Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
Foresight Acquisition Corp. - Unit, consisting of one share of Class A and one-third of one redeemable warrant (NASDAQ:FOREU)
Bear Market Rally (-75) - FOREU is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FOREU as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FOREU?
MarketClub looks at technical strength and momentum to determine if the timing is right for FOREU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FOREU
The long-term trend has been DOWN since Feb 25th, 2021 at 10.27
The intermediate-term trend has been UP since Apr 12th, 2021 at 10.00
The short-term trend has been DOWN since May 17th, 2021 at 9.98
Smart Scan Analysis for FOREU
Based on our trend formula, FOREU is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.56||52wk High Date||2021-02-22|
|52wk Low||9.75||52wk Low Date||2021-03-25|