NASDAQ:FORR - Nasdaq - US3465631097 - Common Stock - Currency: USD
Taking everything into account, FORR scores 3 out of 10 in our technical rating. In the past year, FORR 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.
FORR has a poor technical rating and the quality of the setup is also not perfect 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.
9.26
3 important support areas can be observed.
We can see 4 important resistance areas.
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 FORR is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FORR is up. |
ChartMill Relative Strength | 8.96 | NEGATIVE | FORR has a low relative strength, it was outperformed by 91.04% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FORR is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FORR is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FORR is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 52.51 | NEUTRAL | The RSI value for FORR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests FORR has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 72.35 | NEUTRAL | The Stochastics value for FORR is a neutral value. |
Average True Range in percent/ATR (20) | 4.78 | MEDIUM VOLATILITY | The ATR as a percentage value for FORR suggests some volalility. |
Average Directional Index/ADX (14) | 17.43 | NEGATIVE | The low ADX value for FORR suggests a weak or negative trend. |
10.38
-0.32 (-2.99%)