Stock Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Fortrea Holdings Inc. (NASDAQ:FTRE)
Sidelines Mode (-55) - FTRE 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 FTRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTRE
The long-term trend has been DOWN since Jul 6th, 2023 at 34.20
The intermediate-term trend has been UP since Sep 13th, 2023 at 28.27
The short-term trend has been DOWN since Sep 19th, 2023 at 28.31
Smart Scan Analysis for FTRE
Based on our trend formula, FTRE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||37.3||52wk High Date||2023-07-05|
|52wk Low||24.925||52wk Low Date||2023-08-22|
|Average Volume||1,554,661||Shares Outstanding||88,800|