FORGE GLOBAL HOLDINGS INC (FRGE)

US34629L1035 - Common Stock

1.79  -0.01 (-0.56%)

After market: 1.83 +0.04 (+2.23%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to FRGE. Although FRGE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
FRGE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FRGE has a been trading in the 1.68 - 2.11 range, which is quite wide. It is currently trading near the lows of this range.
FRGE is one of the better performing stocks in the Capital Markets industry, it outperforms 78% of 212 stocks in the same industry.
Looking at the yearly performance, FRGE did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FRGE Weekly chart
FRGE Daily chart
Setup Rating and Analysis

6

FRGE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for FRGE in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

1.61

2.01

We found 3 important support areas.

  • Support @1.77 from a trend line in the daily time frame.
  • Support @1.74 from a horizontal line in the weekly time frame.
  • A support zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 1.83 to 1.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 1.92 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.8
Mansfield-3.26
10 Day High2.11
10 Day Low1.68
20 Day High2.11
20 Day Low1.68
52 Week High4.02
52 Week Low1.15
Performance
1 Week2.29%
2 Weeks-8.21%
1 Month-3.76%
3 Month-12.68%
6 Month-38.91%
12 Month57.02%
2 Year-90.85%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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
RSI(14)43.79
LBB1.7
UBB2.01
FRGE Daily chart

FORGE GLOBAL HOLDINGS INC

NYSE:FRGE (5/17/2024, 7:04:01 PM)

After market: 1.83 +0.04 (+2.23%)

1.79

-0.01 (-0.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.56%
1 Week2.29%
2 Weeks-8.21%
1 Month-3.76%
3 Month-12.68%
6 Month-38.91%
12 Month57.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%6.19%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.11
10 Day Low1.68
20 Day High2.11
20 Day Low1.68
52 Week High4.02
52 Week Low1.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume413.90K
Volume Incr-17.05%
Vol(5)437.00K
Vol(50)974.58K