Stock Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
Forbion European Acquisition Corp. - Units (NASDAQ:FRBNU)
Weak Downtrend (-65) - FRBNU is showing signs of a strengthening downtrend. Monitor FRBNU as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FRBNU?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRBNU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRBNU
The long-term trend has been UP since Dec 23rd, 2021 at 10.07
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 10.02
The short-term trend has been DOWN since Jan 14th, 2022 at 10.05
Smart Scan Analysis for FRBNU
Based on our trend formula, FRBNU is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.17||52wk High Date||2022-01-04|
|52wk Low||9.95||52wk Low Date||2021-12-16|