FORACO INTERNATIONAL SA (FAR.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:FAR - FR0010492199 - Common Stock
Taking everything into account, FAR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FAR is only an average performer.
FAR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.09
We found 2 important support areas.
- Support @2.44 from a horizontal line in the daily time frame.
- A support zone ranging from 2.11 to 2.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.50 to 2.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.56 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FAR.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FAR.CA is up. |
| ChartMill Relative Strength | 62.68 | NEUTRAL | FAR.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FAR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FAR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.4 | NEUTRAL | The RSI value for FAR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FAR.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.34 | NEUTRAL | The Stochastics value for FAR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for FAR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.58 | POSITIVE | The high ADX value value for FAR.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.52 | 2.43 | 0.09 (3.57%) | 25.00% |
| An entry @2.52. This is a Buy Stop order right above the resistance zone. | An exit @2.43. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.09 points, which is 3.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- The distance between exit and entry is rather small compared to the average daily movement of FAR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:FAR (12/19/2025, 7:00:00 PM)
2.49
+0.02 (+0.81%)
FORACO INTERNATIONAL SA / FAR.CA FAQ
Can you provide the ChartMill technical rating for FORACO INTERNATIONAL SA?
ChartMill assigns a technical rating of 8 / 10 to FAR.CA.
What is the trend direction for FAR stock?
The current trend direction for FORACO INTERNATIONAL SA (FAR.CA) is Bullish.
What is the RSI signal for FORACO INTERNATIONAL SA (FAR.CA) stock?
FORACO INTERNATIONAL SA (FAR.CA) has an RSI value of 64.3993. This indicates that the stock is currently neutral.
What is the short term momentum for FORACO INTERNATIONAL SA (FAR.CA) stock?
The short term momentum for FORACO INTERNATIONAL SA (FAR.CA) is positive.
What is the buy/sell signal for FORACO INTERNATIONAL SA (FAR.CA) stock?
The buy/sell signal for FORACO INTERNATIONAL SA (FAR.CA) is buy as both the short term and long term trends are positive.