Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
Fortrea Holdings Inc. (NASDAQ:FTRE)
Strong Downtrend (-100) - FTRE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FTRE continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FTRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTRE.
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 FTRE
The long-term trend has been DOWN since May 13th, 2024 at 30.16
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 37.55
The short-term trend has been DOWN since May 6th, 2024 at 36.36
Smart Scan Analysis for FTRE
Based on our trend formula, FTRE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.820 | 28.420 | 27.440 | 27.545 | -0.265 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.550 | 1206731 | 2024-05-17 15:59:09 |
| 52wk High | 41.02 | 52wk High Date | 2024-03-21 |
| 52wk Low | 24.925 | 52wk Low Date | 2023-08-22 |
| Average Volume | 1,507,261 | Shares Outstanding | 89,400 |
| Assets | 435,720,000M | Liabilities | 261,840,000M |