We assign a technical rating of 9 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.
Although FORM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
57.15
We found 1 important support area.
- Support @57.73 from a trend line 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 | 94.69 | POSITIVE | FORM has a high relative strength, it outperformed 94.69% 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) | 75.11 | OVERBOUGHT | The high RSI value suggests FORM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests FORM has a positive trend. |
| Stochastics (14,3) | 84.48 | OVERBOUGHT | The high Stochastics value suggests FORM may be overbought. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for FORM suggests some volalility. |
| Average Directional Index/ADX (14) | 29.42 | POSITIVE | The high ADX value value for FORM suggests a strong trend. |
68.64
+4.12 (+6.39%)
FORMFACTOR INC / FORM FAQ
What is the technical rating for FORM stock?
ChartMill assigns a technical rating of 9 / 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 75.1088. This indicates that the stock is currently overbought.
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 57.73. Check the full technical report for our detailed analysis of FORM support and resistance levels.