TSX:FORA - Toronto Stock Exchange - CA92537Y1043 - Common Stock - Currency: CAD
Taking everything into account, FORA scores 0 out of 10 in our technical rating. FORA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FORA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.94, a Stop Loss order could be placed below this zone.
3.85
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 important areas.
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 | DOWN | NEGATIVE | The long term trend for FORA.CA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FORA.CA is down. |
ChartMill Relative Strength | 4.14 | NEGATIVE | FORA.CA has a low relative strength, it was outperformed by 95.86% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FORA.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FORA.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FORA.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 42.01 | NEUTRAL | The RSI value for FORA.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FORA.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 8.31 | OVERSOLD | The low Stochastics value suggests FORA.CA may be oversold. |
Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for FORA.CA suggests high volalility. |
Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for FORA.CA suggests a weak or negative trend. |
TSX:FORA (7/14/2025, 7:00:00 PM)
3.95
-0.03 (-0.75%)