Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, May 27, 2023.
Forbion European Acquisition Corp. - Warrants (NASDAQ:FRBNW)
Bull Market Weakness (+75) - FRBNW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FRBNW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FRBNW?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRBNW.
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 FRBNW
The long-term trend has been UP since Nov 17th, 2022 at 0.1500
The intermediate-term trend has been UP since May 4th, 2023 at 0.1400
The short-term trend has been UP since May 4th, 2023 at 0.1401
Smart Scan Analysis for FRBNW
Based on our trend formula, FRBNW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5000 | 0.5166 | 0.4303 | 0.4500 | -0.1244 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4200 | 890 | 2023-05-23 11:44:00 |
| 52wk High | 0.5954 | 52wk High Date | 2023-05-22 |
| 52wk Low | 0.07 | 52wk Low Date | 2022-10-14 |
| Average Volume | 10,496 | Assets | 132,043,138M |
| Liabilities | 4,621,009M |