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Stock Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

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

Bull Market Weakness (+75) - FRLA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FRLA as it may be in the beginning stages of a reversal.

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
11.25 11.25 11.25 11.25 0.00
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 up The intermediate-term trend has been UP since May 8th, 2024 at 11.19

short term up The short-term trend has been UP since May 2nd, 2024 at 11.18

Smart Scan Analysis for FRLA

Based on our trend formula, FRLA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for FRLA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.25 11.25 11.25 11.25 0.00
Prev. Close Volume Bid Ask Time
11.25 20100 2024-05-17 09:39:30
52wk High11.852wk High Date2023-06-14
52wk Low10.6752wk Low Date2023-06-02
Average Volume36,680Shares Outstanding6,272
Assets35,272,660MLiabilities9,974,048M
P/E Ratio-73.00000000
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