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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Fortune Rise Acquisition Corporation - Class A (NASDAQ:FRLA)

Crossroads (-60) - FRLA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_FRLA
Open High Low FRLA Price Change
11.15 11.15 11.15 11.15 -0.02
Entry Signal

MarketClub’s Trade Triangles for FRLA

long term up The long-term trend has been UP since Jan 11th, 2022 at 9.95

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 11.12

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 11.12

Smart Scan Analysis for FRLA

Based on our trend formula, FRLA is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for FRLA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.15 11.15 11.15 11.15 -0.02
Prev. Close Volume Bid Ask Time
11.15 268605 2024-04-18 13:30:08
52wk High11.852wk High Date2023-06-14
52wk Low10.6752wk Low Date2023-06-02
Average Volume19,457Shares Outstanding6,272
Assets34,970,714MLiabilities9,184,936M
P/E Ratio-73.00000000
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