Stock Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
Forza X1, Inc. (NASDAQ:FRZA)
Long-Term Downtrend (-90) - FRZA is in a strong downtrend that is likely to continue. While FRZA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FRZA?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRZA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRZA
The long-term trend has been DOWN since Aug 8th, 2023 at 1.1600
The intermediate-term trend has been DOWN since Dec 1st, 2023 at 0.5885
The short-term trend has been DOWN since Dec 1st, 2023 at 0.6000
Smart Scan Analysis for FRZA
Based on our trend formula, FRZA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.98||52wk High Date||2023-06-09|
|52wk Low||0.5344||52wk Low Date||2023-10-30|
|Average Volume||42,636||Shares Outstanding||15,763|