Forte Biosciences: MACD Death Cross and KDJ Death Cross on 15-minute chart.

Wednesday, Aug 13, 2025 11:50 am ET1min read

Forte Biosciences's 15-minute chart has recently triggered a MACD Death Cross and a KDJ Death Cross, which occurred on August 13, 2025 at 11:45. This indicates that the stock price has the potential to continue falling, as the momentum of the stock price is shifting towards the downside and may further decrease.

Forte Biosciences Inc. (NASDAQ: FBRX) has experienced a notable shift in its market dynamics, with recent technical indicators suggesting a potential downturn. On August 13, 2025, at 11:45 AM, the stock's 15-minute chart triggered a MACD Death Cross and a KDJ Death Cross. These patterns indicate a significant change in the stock's momentum, suggesting a potential continuation of the downward trend [1].

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, signaling a bearish reversal. The KDJ (Kaufman Adaptive Moving Average) Death Cross, on the other hand, happens when the KDJ line crosses below the signal line, also indicating a bearish trend. These crossovers suggest that the stock's price momentum is shifting towards the downside, potentially leading to further declines in the near term [2].

The recent 1-for-25 reverse split implemented by Forte Biosciences has also contributed to the stock's volatility. The reverse split, which aimed to boost the stock price, has led to a significant drop in pre-market trading on August 8, 2025, resulting in a 12.62% decline. This volatility highlights the potential risks associated with the new share structure and the market's adjustment period [3].

Despite the recent technical indicators and volatility, it is essential to note that Forte Biosciences has a significant institutional ownership base. According to SEC filings, Boothbay Fund Management, LLC and Ari Glass collectively own 0.8% of the shares, indicating a transparent shareholder structure [3]. This distributed ownership could provide stability in governance, as no single entity has the power to unilaterally influence major decisions.

In conclusion, Forte Biosciences Inc. (NASDAQ: FBRX) has shown signs of bearish momentum based on recent technical indicators. The MACD and KDJ Death Crosses suggest a potential continuation of the downward trend, while the reverse split has added to the stock's volatility. Investors should closely monitor the stock's performance and be prepared for potential fluctuations in the market.

References:
[1] https://www.ainvest.com/news/forte-biosciences-15-minute-chart-shows-bollinger-bands-expanding-upward-bullish-marubozu-2508/
[2] https://www.ainvest.com/news/forte-biosciences-plunges-12-62-post-reverse-split-2508/
[3] https://munafasutra.com/nasdaq/stock/FBRX

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