Stock Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Forest Road Acquisition Corp. Units, each consisting of one share of Class A and one-third of one Redeemable Warrant (NYSE:FRX.U)
Crossroads (-60) - FRX.U is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FRX.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRX.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRX.U
The long-term trend has been UP since Nov 30th, 2020 at 10.20
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 11.38
The short-term trend has been DOWN since Feb 25th, 2021 at 13.88
Smart Scan Analysis for FRX.U
Based on our trend formula, FRX.U is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.56||52wk High Date||2021-02-22|
|52wk Low||10.11||52wk Low Date||2020-11-27|