FORMIDABLE ETF (FORH) Stock Technical Analysis
NYSEARCA:FORH - NYSE Arca - US26923N3061 - ETF - Currency: USD
Overall FORH gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FORH is only an average performer.
Warning: FORH has an average volume of 2192 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
FORH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FORH is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, FORH turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month FORH has a been trading in a tight range between 22.24 and 23.18.
Considerably lower volume is observed in the last couple of days.
Although FORH has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
22.08
24.46
We found 1 important support area.
- A support zone ranging from 22.30 to 22.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.03 to 23.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 23.88 to 24.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FORH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FORH is up. |
| ChartMill Relative Strength | 67.83 | NEUTRAL | FORH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FORH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FORH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FORH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.96 | NEUTRAL | The RSI value for FORH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FORH has a negative trend. |
| Stochastics (14,3) | 74.61 | NEUTRAL | The Stochastics value for FORH is a neutral value. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for FORH suggests low volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for FORH suggests a weak or negative trend. |
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)
NYSEARCA:FORH (6/13/2025, 4:10:00 PM)
22.8447
-0.18 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.8%
1 Week0.47%
2 Weeks1.55%
1 Month2.07%
3 Month10.6%
6 Month4.7%
12 Month4.76%
2 Year-2.6%
3 Year-3.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.58%
ATR Inc-29.19%
Range Today0
ADR(20)0.08
ADR(20)%0.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.83
Mansfield-0.06
10 Day High23.18
10 Day Low22.4
20 Day High23.18
20 Day Low22.24
52 Week High23.8
52 Week Low19.13
CS1 End22.76
CR1 Start23.03
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-50.36%
Vol(5)1.38K
Vol(50)2.19K