Stock Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
Frmo Corp (NASDAQ:FRMO)
Sidelines Mode (+55) - FRMO 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 FRMO?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRMO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRMO
The long-term trend has been UP since Jul 29th, 2020 at 5.50
The intermediate-term trend has been DOWN since Sep 9th, 2020 at 5.91
The short-term trend has been UP since Sep 14th, 2020 at 6.25
Smart Scan Analysis for FRMO
Based on our trend formula, FRMO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||12.6||Year High Date||2018-01-10|
|Year Low||6.25||Year Low Date||2018-11-26|
|52wk High||7.75||52wk High Date||2019-09-18|
|52wk Low||3.25||52wk Low Date||2020-03-23|
|Year End Close||2.1||Average Volume||5,442|