Decline depth
—
Decline depth is unavailable in this snapshot. Other recorded rules determine the flag.
Amber List
FRMMForum Markets, Incorporated
5.9σ
decline sigma — volatility-normalized move (typical daily 4.7%)
Current
$4.66
Decline depth
—
Decline σ
5.9σ
TFC
0/5 bearish
Where it stands
On the Amber List.
Held on the Amber List: it last met the Amber List rules on 2026-09-17. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.
Snapshot . Price structure, not a judgment about the business.
What changed
Since the previous observation.
Tier and recovery signal are unchanged between these two observations.
Comparing with . This compares classification, not price returns.
See the recorded timeline →Why it is flagged
FRMM is held on the Amber List.
Held on the Amber List: it last met the Amber List rules on 2026-09-17. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.
Inspect the three classification measures
Time-frame continuity
0/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
5.9σ
Drop over the last 20 bars in units of daily volatility (4.7%/day).
Past the ≥4σ Watch threshold.
Price history
The price path behind the snapshot.
Daily prices with the rolling-high reference. When a recorded classification event falls on a displayed trading date, it is marked on the chart.
Rolling 252-day high
Gold dots: recorded classification events (see timeline)
Up day
Down day
90 daily bars from Alpaca · through
The recorded history
A timeline of observations.
First observed 2026-09-09. These are scan observations, not exact transition times or the start of a decline. Missing scan dates are not filled in.
- Watch → Amber List
- First observed: Watch
Absence from a captured list does not establish recovery. Historical tiers reflect the rules and data recorded at that time.
Technical interpretation and signal details
The structural read
What price action says about FRMM.
FRMM is held on the Amber List, which it last met on 2026-09-17. A tier moves down, or a name leaves the list, only after five consecutive scans below the tier's rules with a cushion of 3 points on depth and 1σ on sigma. Today's unbuffered reading: Watch.
Cross-confirmation: decline sigma also reads 5.9σ over 20 bars.
Questions about FRMM
What people ask.
Why is FRMM on Broken Stocks?
FRMM is held on the Amber List. Held on the Amber List: it last met the Amber List rules on 2026-09-17. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.
Is FRMM a falling knife?
FRMM is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.
Is FRMM a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is FRMM trading inside its 52-week range?
At $4.66, FRMM sits 12.3% of the way from its 52-week low ($4.31) to its 52-week high ($7.15). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.