Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, September 30, 2023.

FORAN MINING CORP (TSE:FOM)

Sidelines Mode (+55) - FOM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

TSE_FOM
Open High Low FOM Price Change
3.80 3.81 3.62 3.71 -0.09
Entry Signal

MarketClub’s Trade Triangles for FOM

long term up The long-term trend has been UP since Jun 30th, 2023 at 3.500

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 3.765

short term up The short-term trend has been UP since Sep 28th, 2023 at 3.770

Smart Scan Analysis for FOM

Based on our trend formula, FOM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for FOM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.80 3.81 3.62 3.71 -0.09
Prev. Close Volume Bid Ask Time
3.71 328726 2023-09-29 16:00:00
Get a free daily analysis and signals for FORAN MINING CORP (FOM) - Request Your Free Report.