TSX:FORA - Toronto Stock Exchange - CA92537Y1043 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to FORA. 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.
FORA has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
3.95
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | 1.89 | NEGATIVE | FORA.CA has a low relative strength, it was outperformed by 98.11% 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) | 39.57 | NEUTRAL | The RSI value for FORA.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests FORA.CA has a positive trend. |
Stochastics (14,3) | 12.23 | OVERSOLD | The low Stochastics value suggests FORA.CA may be oversold. |
Average True Range in percent/ATR (20) | 6 | HIGH VOLATILITY | The high ATR as a percentage value for FORA.CA suggests high volalility. |
Average Directional Index/ADX (14) | 37.14 | POSITIVE | The high ADX value value for FORA.CA suggests a strong trend. |
TSX:FORA (5/30/2025, 7:00:00 PM)
4.24
+0.2 (+4.95%)