Stock Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
Forest Road Acquisition Corp. II Class A (NYSE:FRXB)
Weak Downtrend (-65) - FRXB is showing signs of a strengthening downtrend. Monitor FRXB as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FRXB?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRXB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRXB
The long-term trend has been UP since Nov 3rd, 2021 at 9.80
The intermediate-term trend has been DOWN since Jan 21st, 2022 at 9.70
The short-term trend has been DOWN since Jan 19th, 2022 at 9.71
Smart Scan Analysis for FRXB
Based on our trend formula, FRXB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.16||52wk High Date||2021-05-11|
|52wk Low||9.6||52wk Low Date||2021-08-24|
|Average Volume||80,578||Shares Outstanding||43,750|