Technical Analysis for FRLA - Fortune Rise Acquisition Corporation

Grade Last Price % Change Price Change
F 11.12 0.00% 0.00
FRLA closed unchanged on Tuesday, November 19, 2024, on 2 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Below Lower BB Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Fell Below 20 DMA Bearish 0.09%
Fell Below 200 DMA Bearish 0.09%

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Profile

Fortune Rise Acquisition Corporation, a blank check company, intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses or entities.
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Private Equity Mergers And Acquisitions Special Purpose Acquisition Company

Is FRLA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.87
52 Week Low 10.67
Average Volume 19,670
200-Day Moving Average 11.18
50-Day Moving Average 11.34
20-Day Moving Average 11.36
10-Day Moving Average 11.32
Average True Range 0.05
RSI (14) 29.58
ADX 40.22
+DI 29.74
-DI 52.36
Chandelier Exit (Long, 3 ATRs) 11.28
Chandelier Exit (Short, 3 ATRs) 11.27
Upper Bollinger Bands 11.56
Lower Bollinger Band 11.15
Percent B (%b) -0.07
BandWidth 3.64
MACD Line -0.04
MACD Signal Line 0.00
MACD Histogram -0.036
Fundamentals Value
Market Cap 47.6 Million
Num Shares 4.28 Million
EPS 0.09
Price-to-Earnings (P/E) Ratio 123.56
Price-to-Sales 0.00
Price-to-Book 2.20
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.12
Resistance 3 (R3) 11.12 11.12 11.12
Resistance 2 (R2) 11.12 11.12 11.12 11.12
Resistance 1 (R1) 11.12 11.12 11.12 11.12 11.12
Pivot Point 11.12 11.12 11.12 11.12 11.12
Support 1 (S1) 11.12 11.12 11.12 11.12 11.12
Support 2 (S2) 11.12 11.12 11.12 11.12
Support 3 (S3) 11.12 11.12 11.12
Support 4 (S4) 11.12