Fermi Inc.

Stage 4 · Declining · week 9

As of Oct 22, 2026, Fermi is in Stage 4, the downtrend phase, now in week 9 (since Aug 24, 2026). It closed at $2.65, 91.1% below its 52-week high and below its 200-day average, which is falling.

Fermi Inc. develops next-generation private electric grids that deliver highly redundant power at gigawatt scale to support next-generation intelligence and AI compute. More about the company

$2.65

-7.34% today

$1.7B · Small cap

Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2025-10-01 → 2026-10-22

S? 41w

S1 5w

S4 9w

2025-10-012026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S? 41w → S1 5w → S4 9w current

Total tracked: 55 weeks across 3 stage runs.

FRMI among REIT - Specialty18th of 19 by relative strength

All 19 →

Stocks in REIT - Specialty ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	OUTOUTFRONT Media Inc.	Stage 3 · wk 10	92	+11.3%
2	LAMRLamar Advertising Company Class A	Stage 3 · wk 6	80	+9.2%
3	EQIXEquinix, Inc.	Stage 3 · wk 14	69	−8.2%
4	EPREPR Properties	Stage 3 · wk 4	63	−0.4%
5	IRMIron Mountain Incorporated (Delaware)Common Stock REIT	Stage 3 · wk 11	62	−3.8%
6	SELFGlobal Self Storage, Inc.	Stage 3 · wk 3	58	−3.2%
7	LANDGladstone Land Corporation	Stage 1 · wk 7	58	−7.7%
8	FPIFarmland Partners Inc.	Stage 1 · wk 7	57	−6.6%
…18	FRMIFermi Inc.	Stage 4 · wk 9	8	−45.0%

vs 52W High

-91.1%

$2.65 lo$29.86 hi

91.1% below 52W high, deep Stage 4 damage

In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.

Stage Maturity

Week 9

1w13w26w

Week 9, established downtrend

How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.

vs 200 DMA

-60.3%

200 DMA: $6.67 · sloping down

In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.

Rel Volume

1.00x

vs 50-day avg

High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-45.0%

-64.2%

-55.2%

YTD

-70.0%

-87.8%

Scan Membership

Not in any current scan.

Recent Stage Timeline

2026-10-22S4

Wk 9 · Vol 1.00x

2026-10-21S4

Wk 9 · Vol 0.81x

2026-10-20S4

Wk 9 · Vol 0.63x

2026-10-19S4

Wk 8 · Vol 1.08x

2026-10-16S4

Wk 8 · Vol 2.10x

2026-10-15S4

Wk 8 · Vol 1.12x

2026-10-14S4

Wk 8 · Vol 1.49x

2026-10-13S4

Wk 8 · Vol 4.90x

2026-10-12S4

Wk 7 · Vol 0.88x

2026-10-09S4

Wk 7 · Vol 0.77x

2026-10-08S4

Wk 7 · Vol 1.38x

2026-10-07S4

Wk 7 · Vol 0.61x

Moving averages & range

50 DMA

$4.67

200 DMA

$6.67

52W High

$29.86

52W Low

$2.65

5D Low

$2.65

Resistance levels (recent highs)

20d High

$4.52

60d High

$7.60

120d High

$9.50

250d High

$29.86

Next resistance

+70.6%

to 20d High

Dividend Yield

0.00%

P/B 1.6

Fermi: quick answers

What stage is Fermi in?

As of Oct 22, 2026, Fermi (FRMI) is in Stage 4, the downtrend phase. It entered Stage 4 on Aug 24, 2026 and is in week 9. What the four stages mean

Is Fermi in an uptrend?

No. Fermi is in a Stage 4 downtrend. It trades 60.3% below its 200-day average, which is falling.

How far is Fermi from its 52-week high?

Fermi closed at $2.65 on Oct 22, 2026, 91.1% below its 52-week high of $29.86. Its 52-week low is $2.65.

How has Fermi performed over the past year?

As of Oct 22, 2026, Fermi is down 87.8% over the past year and down 70.0% so far in 2026.

Which sector and industry is Fermi in?

Fermi is in the REIT - Specialty industry, part of the Real Estate sector.

About this companyReal Estate· REIT - Specialty

Fermi Inc. develops next-generation private electric grids that deliver highly redundant power at gigawatt scale to support next-generation intelligence and AI compute. The company combines cutting-edge technology with a deep bench of proven world-class multidisciplinary leaders with a combined 25 GW of experience to create one of the world's largest 17 GW next-generation private grids, helping ensure America's energy and AI dominance. The behind-the-meter Project Matador campus is expected to integrate the nation's largest combined-cycle natural gas project, one of the largest clean new nuclear power complexes in America, utility grid power, solar power, and battery energy storage to support hyperscale AI and advanced computing. The company was incorporated in 2025 is headquartered in Amarillo, Texas.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.