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Foremost lithium resource & technology ltd

US StockBasic Materials

FMST Swing Trading Score

3

24

15

Weakening Action
  • AI analysis rates FMST with  a lower swing trading score of 2.
  • It is mainly due to  the negative AI swing signal,along with  the relatively high short-term volatility.
  • Furthermore, based on the current swing trading score, the probability of future bullish swings occurring or continuing appears to be low.

FMST Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

FMST Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of FMST from 2023/08 till Now

-51.08%
Cumulative Return
-68.03%
Annual Return
73.87%
Volatility
-0.92
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from August, 2023 to April, 2024. (Total Trades: 5)

FMSTSectorUS Overall Market
Wining Rate20%43%43%
Avg Return-12.3%1.6%2.3%
Avg Profit8.4%13.5%15.2%
Avg Loss-17.5%-7.5%-7.5%
Avg Risk-Reward Ratio47.9%180.5%202.9%

Update to 2024/4/12 (Daily Update)

Top 10 High Relevance to FMST Swing Trading Score