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Stock Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

Fortune Rise Acquisition Corporation - Units (NASDAQ:FRLAU)

Weak Downtrend (-65) - FRLAU is showing signs of a strengthening downtrend. Monitor FRLAU as it may be building momentum to the downside.

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

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

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

NASDAQ_FRLAU
Open High Low FRLAU Price Change
10.04 10.05 10.04 10.05 -0.01
Entry Signal

MarketClub’s Trade Triangles for FRLAU

long term up The long-term trend has been UP since Nov 9th, 2021 at 10.05

intermediate term down The intermediate-term trend has been DOWN since Dec 7th, 2021 at 10.05

short term down The short-term trend has been DOWN since Dec 1st, 2021 at 10.08

Smart Scan Analysis for FRLAU

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

-70
Smart Scan Analysis for FRLAU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.04 10.05 10.04 10.05 -0.01
Prev. Close Volume Bid Ask Time
10.05 225250 2021-12-07 10:25:00
52wk High10.1252wk High Date2021-12-06
52wk Low10.0352wk Low Date2021-11-09
Average Volume53,614Assets312,125M
Liabilities305,000M
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