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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Fortrea Holdings Inc. (NASDAQ:FTRE)

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

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.

NASDAQ_FTRE
Open High Low FTRE Price Change
36.280 36.345 35.555 35.660 -0.810
Entry Signal

MarketClub’s Trade Triangles for FTRE

long term up The long-term trend has been UP since Nov 14th, 2023 at 31.95

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 37.55

short term down The short-term trend has been DOWN since May 6th, 2024 at 36.36

Smart Scan Analysis for FTRE

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

-70
Smart Scan Analysis for FTRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.280 36.345 35.555 35.660 -0.810
Prev. Close Volume Bid Ask Time
36.470 350794 2024-05-08 13:24:54
52wk High41.0252wk High Date2024-03-21
52wk Low24.92552wk Low Date2023-08-22
Average Volume865,251Shares Outstanding89,400
Assets435,720,000MLiabilities261,840,000M
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