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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
FORAN MINING CORP (TSE:FOM)
Long-Term Uptrend (+90) - FOM is in a strong uptrend that is likely to continue. While FOM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FOM?
MarketClub looks at technical strength and momentum to determine if the timing is right for FOM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FOM
The long-term trend has been UP since Apr 25th, 2024 at 4.380
The intermediate-term trend has been UP since Mar 5th, 2024 at 4.000
The short-term trend has been UP since May 6th, 2024 at 4.255
Smart Scan Analysis for FOM
Based on our trend formula, FOM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.26 | 4.28 | 4.19 | 4.21 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.22 | 509975 | 2024-05-07 15:59:35 |