Stock Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Fortune Rise Acquisition Corporation (NASDAQ:FRLA)
Sidelines Mode (+55) - FRLA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for FRLA
The long-term trend has been UP since Jan 11th, 2022 at 9.95
The intermediate-term trend has been UP since Jan 11th, 2022 at 9.95
The short-term trend has been DOWN since Jan 14th, 2022 at 9.94
Smart Scan Analysis for FRLA
Based on our trend formula, FRLA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.98||52wk High Date||2021-12-29|
|52wk Low||9.88||52wk Low Date||2021-12-29|
|Average Volume||83,119||Shares Outstanding||9,775|