FORESIGHT ACQUISITION CORP-A (FORE) Technical Analysis
NASDAQ:FORE
Current stock price
FORE Technical Rating and Analysis
Overall FORE gets a technical rating of 1 out of 10. FORE performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, FORE is a bad performer in the overall market: 100% of all stocks are doing better.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- FORE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FORE is lagging the market.
- In the last month FORE has a been trading in the 8.85 - 10.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
FORE Weekly and Daily overview Charts
FORE Setup Rating and Analysis
FORE has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
FORE Support and Resistance Analysis
9.39
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.70 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FORE Technical Indicator Signal Analysis
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 FORE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FORE is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | FORE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FORE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FORE is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 40.57 | NEUTRAL | The RSI value for FORE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests FORE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.33 | NEUTRAL | The Stochastics value for FORE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for FORE suggests some volalility. |
FORE Chart- and CandleStick Pattern Analysis
FORE Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FORE (12/3/2021, 8:59:24 PM)
9.48
+0.46 (+5.04%)
FORESIGHT ACQUISITION CORP-A / FORE TA FAQ
What is the technical rating for FORE stock?
ChartMill assigns a technical rating of 1 / 10 to FORE.
What is the current trend direction of FORESIGHT ACQUISITION CORP-A (FORE) stock?
The current trend direction for FORESIGHT ACQUISITION CORP-A (FORE) is Bullish.
What is the RSI signal for FORESIGHT ACQUISITION CORP-A (FORE) stock?
FORESIGHT ACQUISITION CORP-A (FORE) has an RSI value of 40.5746. This indicates that the stock is currently neutral.
What is the short term momentum for FORE stock?
The short term momentum for FORESIGHT ACQUISITION CORP-A (FORE) is negative.
Can you provide the buy/sell signal for FORESIGHT ACQUISITION CORP-A?
The buy/sell signal for FORESIGHT ACQUISITION CORP-A (FORE) is hold as the short term and long term trends are mixed.