We assign a technical rating of 10 out of 10 to FORM. Both in the recent history as in the last year, FORM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that FORM is one of the better performing stocks in the market, outperforming 95% of all stocks.
- FORM is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry. FORM outperforms 86% of them.
- FORM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FORM is lagging the market slightly.
- FORM has an average volume of 1138280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month FORM has a been trading in the 60.83 - 85.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
60.80
We found 3 important support areas.
- A support zone ranging from 70.49 to 70.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 62.80 to 63.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @61.41 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 73.29 to 74.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | 95.17 | POSITIVE | FORM has a high relative strength, it outperformed 95.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FORM is below 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) | 53.25 | NEUTRAL | The RSI value for FORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.06 | NEGATIVE | The MACD value suggests FORM has a negative trend. |
| Stochastics (14,3) | 21.43 | NEUTRAL | The Stochastics value for FORM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for FORM suggests high volalility. |
| Average Directional Index/ADX (14) | 34.43 | POSITIVE | The high ADX value value for FORM suggests a strong trend. |
71.57
-3.12 (-4.18%)
FORMFACTOR INC / FORM 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 FORM stock?
FORMFACTOR INC (FORM) has an RSI value of 53.252. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FORMFACTOR INC?
The short term momentum for FORMFACTOR INC (FORM) is positive.
What are the support and resistance levels for FORMFACTOR INC (FORM) stock?
FORMFACTOR INC (FORM) has a support level at 70.49 and a resistance level at 73.29. Check the full technical report for our detailed analysis of FORM support and resistance levels.