Stock Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
Forest Road Acquisition Corp. II Class A (NYSE:FRXB)
Countertrend Up (+85) - FRXB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jul 27th, 2023 at 10.2200
The intermediate-term trend has been UP since Apr 17th, 2023 at 9.9999
The short-term trend has been UP since Jun 12th, 2023 at 10.1200
Smart Scan Analysis for FRXB
Based on our trend formula, FRXB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.67||52wk High Date||2023-03-01|
|52wk Low||9.85||52wk Low Date||2023-04-03|
|Average Volume||14,096||Shares Outstanding||175,517|