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Stock Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

Forbion European Acquisition Corp. (NASDAQ:FRBN)

Weak Uptrend (+65) - FRBN is showing signs of weakening momentum to the upside. Monitor FRBN as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid FRBN?

MarketClub looks at technical strength and momentum to determine if the timing is right for FRBN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FRBN
Open High Low FRBN Price Change
10.645 10.650 10.640 10.650 0.000
Entry Signal

MarketClub’s Trade Triangles for FRBN

long term up The long-term trend has been UP since Apr 18th, 2022 at 10.000

intermediate term up The intermediate-term trend has been UP since Jan 23rd, 2023 at 10.330

short term down The short-term trend has been DOWN since Jun 5th, 2023 at 10.635

Smart Scan Analysis for FRBN

Based on our trend formula, FRBN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for FRBN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.645 10.650 10.640 10.650 0.000
Prev. Close Volume Bid Ask Time
10.650 224602 2023-06-06 15:47:35
52wk High10.952wk High Date2023-02-28
52wk Low9.9452wk Low Date2022-06-27
Average Volume84,573Shares Outstanding15,812
Assets132,043,138MLiabilities4,621,009M
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