FORIAN INC (FORA) Stock Technical Analysis
NASDAQ:FORA - Nasdaq - US34630N1063 - Common Stock - Currency: USD
Overall FORA gets a technical rating of 4 out of 10. In the last year, FORA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
87% of all other stocks performed better in the past year than FORA.
FORA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FORA is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: FORA has an average volume of 17550 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month FORA has a been trading in the 1.85 - 2.25 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FORA is an average performer in the Health Care Technology industry, it outperforms 63% of 37 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FORA has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
1.83
3.63
We found 2 important support areas.
- A support zone ranging from 2.00 to 2.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.85 to 1.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @2.25 from a horizontal line in the daily time frame.
- Resistance @3.59 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.95
Mansfield-0.99
10 Day High2.25
10 Day Low1.86
20 Day High2.25
20 Day Low1.85
52 Week High4.03
52 Week Low1.85
Performance
1 Week12.57%
2 Weeks3.86%
1 Month9.97%
3 Month-40.11%
6 Month7.5%
12 Month-19.17%
2 Year-10.04%
3 Year-30.19%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)55.53
LBB1.83
UBB2.22
2.15
-0.09 (-4.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-4.02%
1 Week12.57%
2 Weeks3.86%
1 Month9.97%
3 Month-40.11%
6 Month7.5%
12 Month-19.17%
2 Year-10.04%
3 Year-30.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%6.53%
ATR Inc83.13%
Range Today0.12
ADR(20)0.12
ADR(20)%5.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.95
Mansfield-0.99
10 Day High2.25
10 Day Low1.86
20 Day High2.25
20 Day Low1.85
52 Week High4.03
52 Week Low1.85
CS1 End2.01
CR1 Start2.25
Volume & EV
DER(3)-3.36%
DER(5)-5.88%
Volume6.70K
Volume Incr-75.37%
Vol(5)4.76K
Vol(50)17.55K