Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
Forest Road Acquisition Corp. II Redeemable Warrants, each whole warrant exercisable for one share of Class A at an exercise price of $11.50 (NYSE:FRXB.WS)
Long-Term Downtrend (-90) - FRXB.WS is in a strong downtrend that is likely to continue. While FRXB.WS 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 FRXB.WS?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRXB.WS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRXB.WS
The long-term trend has been DOWN since Jul 10th, 2023 at 0.1400
The intermediate-term trend has been DOWN since Aug 8th, 2023 at 0.0654
The short-term trend has been DOWN since Sep 14th, 2023 at 0.0300
Smart Scan Analysis for FRXB.WS
Based on our trend formula, FRXB.WS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.4601||52wk High Date||2022-12-28|
|52wk Low||0.0116||52wk Low Date||2022-10-25|