FORMFACTOR INC (FORM) Stock Technical Analysis
NASDAQ:FORM - Nasdaq - US3463751087 - Common Stock - Currency: USD
Taking everything into account, FORM scores 4 out of 10 in our technical rating. In the past year, FORM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, FORM is a bad performer in the overall market: 86% of all stocks are doing better.
FORM is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 66% of 110 stocks in the same industry do better.
FORM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FORM is lagging the market.
FORM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is only medium, FORM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 31.43, a Stop Loss order could be placed below this zone.
More info and screens
30.84
43.99
When analyzing the support we notice one important area.
- A support zone ranging from 31.15 to 31.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 31.79 to 33.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.55 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.54
Mansfield-2.72
10 Day High33.68
10 Day Low29.37
20 Day High33.68
20 Day Low26.33
52 Week High63.63
52 Week Low22.58
Performance
1 Week-5.59%
2 Weeks6%
1 Month17.66%
3 Month-11.14%
6 Month-23.93%
12 Month-46.16%
2 Year0.48%
3 Year-23.43%
5 Year24.91%
10 Year237.7%
15 Year144.29%
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)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)56.51
LBB28.63
UBB33.79
31.44
-0.47 (-1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.47%
1 Week-5.59%
2 Weeks6%
1 Month17.66%
3 Month-11.14%
6 Month-23.93%
12 Month-46.16%
2 Year0.48%
3 Year-23.43%
5 Year24.91%
10 Year237.7%
15 Year144.29%
Volatility
ATR(14)1.19
ATR(20)%4.34%
ATR Inc-44.36%
Range Today1.19
ADR(20)1.19
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.54
Mansfield-2.72
10 Day High33.68
10 Day Low29.37
20 Day High33.68
20 Day Low26.33
52 Week High63.63
52 Week Low22.58
CS1 End31.43
CR1 Start31.79
Volume & EV
DER(3)0.61%
DER(5)1%
Volume748.00K
Volume Incr-19.73%
Vol(5)671.38K
Vol(50)876.24K