Stock Trend Analysis Report
Prepared for you on Friday, October 23, 2020.
Forma Therapeutics Holdings, Inc. (NASDAQ:FMTX)
Long-Term Uptrend (+90) - FMTX is in a strong uptrend that is likely to continue. While FMTX 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 FMTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMTX
The long-term trend has been UP since Sep 25th, 2020 at 50.00
The intermediate-term trend has been UP since Aug 17th, 2020 at 37.92
The short-term trend has been UP since Oct 16th, 2020 at 49.84
Smart Scan Analysis for FMTX
Based on our trend formula, FMTX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||50||52wk High Date||2020-09-02|
|52wk Low||31.45||52wk Low Date||2020-08-14|
|Average Volume||165,730||Shares Outstanding||41,118|