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Forum Markets, Incorporated

Stage 3 · Topping · week 6

As of Oct 22, 2026, Forum Markets is in Stage 3, the topping phase, now in week 6 (since Sep 16, 2026). It closed at $3.33, 84.7% below its 52-week high and below its 200-day average, which is falling.

Forum Markets, Incorporated, a financial technology company, develops a blockchain-based platform focused on the acquisition, structuring, and tokenization of real-world assets worldwide. More about the company

$3.33
-2.71% today
$44.0M · Micro cap
Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 49w
S4 22w
S4 22w
S1 15w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 49w → S1 10w → S4 3w → S1 2w → S2 8w → S3 3w → S4 22w → S1 3w → S4 1w → S1 4w → S2 9w → S3 7w → S4 22w → S1 15w → S2 4w → S3 5w current
Total tracked: 166 weeks across 16 stage runs.

FRMM among Software - Application175th of 221 by relative strength

All 221 →
Stocks in Software - Application ranked by relative strength, with stage and one-month change
#StockStageRS1M
1RNGStage 2 · wk 1397+0.2%
2DHXStage 2 · wk 2997+3.5%
3FSLYStage 2 · wk 1197−24.3%
4PUBMStage 2 · wk 2495−1.6%
5FROGStage 2 · wk 2194+1.7%
6MITKStage 3 · wk 593+1.0%
7RSKDStage 2 · wk 1993+24.9%
8OOMAStage 3 · wk 192−10.7%
…175FRMMStage 3 · wk 611−35.2%
vs 52W High
-84.7%
$1.79 lo$21.77 hi
84.7% below 52W high, weakening from peak
The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.
Stage Maturity
Week 6
1w13w26w
Week 6, distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-26.8%
200 DMA: $4.55 · sloping down
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
2.21x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.
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.
1M
-35.2%
3M
-41.9%
6M
-28.2%
YTD
-34.8%
1Y
-79.6%
Scan Membership
Breakout Watch
Latest: 2024-11-04
4 appearances in last 60 days. First seen: 2018-10-16.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S3
Wk 6 · Vol 2.21x
2026-10-21S3
Wk 6 · Vol 1.33x
2026-10-20S3
Wk 5 · Vol 1.45x
2026-10-19S3
Wk 5 · Vol 1.01x
2026-10-16S3
Wk 5 · Vol 1.43x
2026-10-15S3
Wk 5 · Vol 1.68x
2026-10-14S3
Wk 5 · Vol 0.52x
2026-10-13S3
Wk 4 · Vol 0.63x
2026-10-12S3
Wk 4 · Vol 0.35x
2026-10-09S3
Wk 4 · Vol 0.94x
2026-10-08S3
Wk 4 · Vol 1.12x
2026-10-07S3
Wk 4 · Vol 0.28x
Moving averages & range
50 DMA
$4.89
200 DMA
$4.55
52W High
$21.77
52W Low
$1.79
5D Low
$3.25
Resistance levels (recent highs)
20d High
$5.04
60d High
$6.30
120d High
$6.81
250d High
$21.77
Next resistance
+51.4%
to 20d High
ROE
-796.2%
Profit margin 0.0%
Dividend Yield
0.00%
P/B 0.3

Forum Markets: quick answers

What stage is Forum Markets in?

As of Oct 22, 2026, Forum Markets (FRMM) is in Stage 3, the topping phase. It entered Stage 3 on Sep 16, 2026 and is in week 6. What the four stages mean

Is Forum Markets in an uptrend?

Its uptrend has stalled. Forum Markets is in Stage 3, the topping phase that follows an advance. It trades 26.8% below its 200-day average, which is falling.

How far is Forum Markets from its 52-week high?

Forum Markets closed at $3.33 on Oct 22, 2026, 84.7% below its 52-week high of $21.77. Its 52-week low is $1.79.

How has Forum Markets performed over the past year?

As of Oct 22, 2026, Forum Markets is down 79.6% over the past year and down 34.8% so far in 2026.

Which sector and industry is Forum Markets in?

Forum Markets is in the Software - Application industry, part of the Information Technology sector.

About this companyInformation Technology· Software - Application

Forum Markets, Incorporated, a financial technology company, develops a blockchain-based platform focused on the acquisition, structuring, and tokenization of real-world assets worldwide. The company facilitates decentralized finance (DeFi) transactions and asset digitization across multiple Layer 2 Ethereum networks. It also provides tokenization solutions, DeFi protocol integration, blockchain analytics, traditional-to-digital asset conversion gateways, and other DeFi services. It serves financial institutions, businesses, and organizations. The company was formerly known as ETHZilla Corporation and changed its name to Forum Markets, Incorporated in February 2026. Forum Markets, Incorporated is headquartered in Palm Beach, Florida.

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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.