The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
The Momentum Indicator moved below the 0 level on December 30, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FMST as a result. In of 99 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FMST declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
A.I.dvisor tells us that FMST and LIN have been poorly correlated (+14% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that FMST and LIN's prices will move in lockstep.
Ticker / NAME | Correlation To FMST | 1D Price Change % | ||
---|---|---|---|---|
FMST | 100% | +1.45% | ||
LIN - FMST | 14% Poorly correlated | +0.81% | ||
ESI - FMST | 11% Poorly correlated | +0.78% | ||
LWLG - FMST | 8% Poorly correlated | -3.12% | ||
ORGN - FMST | 8% Poorly correlated | +0.94% | ||
AVNT - FMST | 5% Poorly correlated | +2.19% | ||
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