FORMFACTOR INC (FORM) Stock Technical Analysis
NASDAQ:FORM - US3463751087 - Common Stock
28.95 USD
+0.5 (+1.76%)
28.95 USD
0 (0%)
We assign a technical rating of 1 out of 10 to FORM. FORM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
90% of all other stocks performed better in the past year than FORM.
FORM is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 86% of 112 stocks in the same industry do better.
FORM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FORM has a been trading in the 27.00 - 30.62 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FORM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.95, a Stop Loss order could be placed below this zone.
More info and screens
27.34
33.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 28.30 to 28.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.62 to 27.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.19 to 29.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.71 to 32.93. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for FORM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FORM is down. |
| ChartMill Relative Strength | 10.32 | NEGATIVE | FORM has a low relative strength, it was outperformed by 89.68% 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) | DOWN | NEGATIVE | The current price of FORM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FORM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.96 | NEUTRAL | The RSI value for FORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests FORM has a positive trend. |
| Stochastics (14,3) | 48.21 | NEUTRAL | The Stochastics value for FORM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for FORM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.35 | POSITIVE | The high ADX value value for FORM suggests a strong 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)
28.95
+0.5 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.76%
1 Week-1.09%
2 Weeks3.76%
1 Month4.82%
3 Month-10.01%
6 Month-12.27%
12 Month-30.87%
2 Year-17.14%
3 Year15.57%
5 Year16.13%
10 Year326.99%
15 Year236.63%
Volatility
ATR(14)0.93
ATR(20)%3.52%
ATR Inc-13.6%
Range Today0.91
ADR(20)0.95
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.32
Mansfield-2.7
10 Day High29.91
10 Day Low27
20 Day High30.62
20 Day Low27
52 Week High50.79
52 Week Low22.58
CS1 End28.95
CR1 Start29.19
Volume & EV
DER(3)1.98%
DER(5)0.86%
Volume449.10K
Volume Incr-45.09%
Vol(5)575.62K
Vol(50)759.78K