FORMFACTOR INC (FORM) Technical Analysis
NASDAQ:FORM • US3463751087
Current stock price
FORM Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to FORM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FORM is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FORM did better than 98% of all other stocks. We also observe that the gains produced by FORM over the past year are nicely spread over this period.
- FORM is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. FORM outperforms 95% of them.
- FORM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FORM has a been trading in the 90.70 - 152.00 range, which is quite wide. It is currently trading near the high of this range.
- FORM has an average volume of 1451470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FORM Weekly and Daily overview Charts
FORM Setup Rating and Analysis
Although FORM has an excellent technical rating, it does not offer a high quality setup 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
FORM Support and Resistance Analysis
96.83
2 important support areas can be observed.
- Support @100.91 from a trend line in the daily time frame.
- Support @97.81 from a trend line in the daily time frame.
FORM 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 FORM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FORM is up. |
| ChartMill Relative Strength | 98.92 | POSITIVE | FORM has a high relative strength, it outperformed 98.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FORM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FORM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FORM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.87 | OVERBOUGHT | The high RSI value suggests FORM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.72 | POSITIVE | The MACD value suggests FORM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.77 | OVERBOUGHT | The high Stochastics value suggests FORM may be overbought. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for FORM suggests high volalility. |
| Average Directional Index/ADX (14) | 34.13 | POSITIVE | The high ADX value value for FORM suggests a strong trend. |
FORM Chart- and CandleStick Pattern Analysis
FORM Technicals: Chart, Performance Metrics, Trend & Indicators
146.18
+4.14 (+2.91%)
FORMFACTOR INC / FORM TA FAQ
What is the technical rating for FORM stock?
ChartMill assigns a technical rating of 10 / 10 to FORM.
What is the trend direction for FORM stock?
The current trend direction for FORMFACTOR INC (FORM) is Bullish.
What is the RSI signal for FORMFACTOR INC (FORM) stock?
FORMFACTOR INC (FORM) has an RSI value of 78.8716. This indicates that the stock is currently overbought.
What is the MACD signal for FORMFACTOR INC (FORM) stock?
The MACD indicator for FORMFACTOR INC (FORM) has a value of 2.71758, indicating a bullish trend.
Can you provide the buy/sell signal for FORMFACTOR INC?
The buy/sell signal for FORMFACTOR INC (FORM) is buy as both the short term and long term trends are positive.