Stock Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Forest Road Acquisition Corp. (NYSE:FRX)
Long-Term Downtrend (-90) - FRX is in a strong downtrend that is likely to continue. While FRX 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 FRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRX
The long-term trend has been DOWN since Mar 5th, 2021 at 10.2500
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 10.6701
The short-term trend has been DOWN since Feb 25th, 2021 at 12.1000
Smart Scan Analysis for FRX
Based on our trend formula, FRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.2||52wk High Date||2021-02-22|
|52wk Low||10.25||52wk Low Date||2021-01-27|