Why is FHTX Down Today?

FHTX
$2.02
▼ -30.82% ($-0.62)
Last updated: Oct 02, 2026 9:12 PM ET (385 min ago)

About Foghorn Therapeutics Inc. Common Stock

Foghorn Therapeutics Inc is engaged in the discovery and development of a new class of medicines targeting genetically determined dependencies within the chromatin regulatory system. Its proprietary Gene Traffic Control platform gives an integrated, mechanistic understanding of how the various compo...

Sector: PHARMACEUTICAL PREPARATIONS
Market Cap: $278.69M
Forward P/E: -4.8
52-Week Range: $1.79 - $7.61
Employees: 112

Overall Confidence: 80%

80% Confident

Based on news, social sentiment, options activity, and sector analysis

NEWS 80% Confidence
🎯 Breaking News Coverage
8 news articles published about FHTX in last 2 days. Top headline: FHTX Stock Extends Sell-Off After Lilly Collaboration Ends — Wedbush Slashes Target By 80%

✅ Move Confirmation

HIGH VOLUME 2.2x average volume

DISTRIBUTION - This move is backed by significant volume and appears sustainable.

Market Comparison

FHTX is significantly underperforming the market (-31.6% vs SPY)
S&P 500
SPY
+0.74%
Nasdaq 100
QQQ
+1.02%
FHTX
This Stock
-30.82%
vs S&P 500: -31.56%
vs Nasdaq: -31.84%

📊 What Happens Next?

Probability Analysis

65% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, FHTX is expected to trade between:
$1.96 - $2.08

Quick Trade Ideas

Options strategies to consider for FHTX's -31% move

📊

No Options Available

FHTX doesn't have listed options or options data is currently unavailable.

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Disclaimer: These are educational examples only, not investment advice. Options involve significant risk including total loss of premium. Prices shown are estimates and may differ from actual market prices. Always do your own research and consider your risk tolerance.

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Last updated: Oct 02, 2026 9:12 PM (385 minutes ago)
Data refreshes every 30 minutes during market hours

Historical Context

FHTX has moved more than 3.0% down on 56 occasions in the past year.

46.4%
Continuation Rate
26/56 times continued down
-0.0%
Avg Next Day Change
After similar down moves
Last similar move: Oct 01, 2026 (-18.2%) → Next day: -30.1%

Frequently Asked Questions

Why is FHTX stock down today?

8 news articles published about FHTX in last 2 days. Top headline: FHTX Stock Extends Sell-Off After Lilly Collaboration Ends — Wedbush Slashes Target By 80%

Is FHTX stock a buy or sell right now?

Based on current analysis, FHTX shows 80% confidence in today's move. Volume is high which supports the trend. View full buy/sell analysis →

What is the FHTX stock price target?

FHTX is currently trading at $2.02. Based on today's momentum, the expected short-term range is $1.96 - $2.08. See long-term price prediction →

Will FHTX stock continue falling?

Our analysis shows a 65% probability that FHTX's move continues in the next 1-3 days.

Is FHTX stock oversold or overbought?

FHTX's RSI (Relative Strength Index) is currently at 13.0. This indicates oversold conditions - the stock may be due for a bounce as selling pressure appears exhausted.

What is the momentum for FHTX stock?

FHTX's 10-day momentum indicator is at -2.12. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is FHTX outperforming or underperforming the market?

FHTX (-30.82%) is currently significantly underperforming the market (-31.6% vs SPY). Today, the S&P 500 (SPY) is up 0.74%, and Nasdaq (QQQ) is up 1.02%.

What does MACD indicate for FHTX?

FHTX's MACD (-0.68) is currently below the signal line (-0.55), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 45.4) is strong.

Is FHTX in an uptrend or downtrend?

Based on moving average analysis, FHTX is in a bearish trend. The price ($2.02) is trading below both the 20-day SMA ($3.96) and 50-day SMA ($5.11). This alignment typically indicates sustained downward pressure.

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