USA - NASDAQ:FORM - US3463751087 - Common Stock
Taking everything into account, FORM scores 9 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, FORM also presents 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 54.64. Right above this resistance zone may be a good entry point.
30.60
We found 4 important support areas.
When analyzing the resistance we notice one important area.
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 | 93.05 | POSITIVE | FORM has a high relative strength, it outperformed 93.05% 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) | 52.45 | NEUTRAL | The RSI value for FORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests FORM has a negative trend. |
| Stochastics (14,3) | 39.37 | NEUTRAL | The Stochastics value for FORM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for FORM suggests high volalility. |
| Average Directional Index/ADX (14) | 37.48 | POSITIVE | The high ADX value value for FORM suggests a strong trend. |
49.05
-1.1 (-2.19%)
ChartMill assigns a technical rating of 9 / 10 to FORM.
The current trend direction for FORMFACTOR INC (FORM) is Bullish.
FORMFACTOR INC (FORM) has an RSI value of 52.4473. This indicates that the stock is currently neutral.
The short term momentum for FORMFACTOR INC (FORM) is positive.
The buy/sell signal for FORMFACTOR INC (FORM) is buy as both the short term and long term trends are positive.