Stock Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
FORMCAP CORP (NASDAQ:FRMC)
Countertrend Up (+85) - FRMC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FRMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRMC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRMC
The long-term trend has been UP since Jun 21st, 2019 at 0.00131
The intermediate-term trend has been UP since Jun 21st, 2019 at 0.00130
The short-term trend has been UP since Feb 5th, 2021 at 0.04000
Smart Scan Analysis for FRMC
Based on our trend formula, FRMC is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.04||Year High Date||2018-03-21|
|Year Low||0.0031||Year Low Date||2018-10-24|
|52wk High||1.99||52wk High Date||2020-11-23|
|52wk Low||0.000001||52wk Low Date||2020-09-10|
|Year End Close||0.0101||Average Volume||38,383|
|Shares Outstanding||9,224||% Institutional||0.1|