FORGE GLOBAL HOLDINGS INC (FRGE) Technical Analysis
NYSE:FRGE • US34629L2025
We assign a technical rating of 9 out of 10 to FRGE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FRGE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FRGE is one of the better performing stocks in the market, outperforming 96% of all stocks.
- FRGE is part of the Capital Markets industry. There are 238 other stocks in this industry. FRGE outperforms 98% of them.
- FRGE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FRGE has a been trading in a tight range between 44.45 and 45.03.
- Volume is considerably higher in the last couple of days.
Although FRGE has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
43.59
We found 1 important support area.
- A support zone ranging from 44.03 to 44.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 45.01 to 45.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FRGE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRGE is up. |
| ChartMill Relative Strength | 96.68 | POSITIVE | FRGE has a high relative strength, it outperformed 96.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRGE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRGE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRGE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.99 | OVERBOUGHT | The high RSI value suggests FRGE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FRGE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.42 | OVERBOUGHT | The high Stochastics value suggests FRGE may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for FRGE suggests low volalility. |
| Average Directional Index/ADX (14) | 34.41 | POSITIVE | The high ADX value value for FRGE suggests a strong trend. |
FRGE Technicals: Chart, Performance Metrics, Trend & Indicators
45
+0.19 (+0.42%)
FORGE GLOBAL HOLDINGS INC / FRGE FAQ
Can you provide the ChartMill technical rating for FORGE GLOBAL HOLDINGS INC?
ChartMill assigns a technical rating of 9 / 10 to FRGE.
What is the current trend direction of FORGE GLOBAL HOLDINGS INC (FRGE) stock?
The current trend direction for FORGE GLOBAL HOLDINGS INC (FRGE) is Bullish.
What is the RSI signal for FORGE GLOBAL HOLDINGS INC (FRGE) stock?
FORGE GLOBAL HOLDINGS INC (FRGE) has an RSI value of 70.9949. This indicates that the stock is currently overbought.
What is the MACD signal for FORGE GLOBAL HOLDINGS INC (FRGE) stock?
The MACD indicator for FORGE GLOBAL HOLDINGS INC (FRGE) has a value of -0.00268723, indicating a bearish trend.
What are the support and resistance levels for FORGE GLOBAL HOLDINGS INC (FRGE) stock?
FORGE GLOBAL HOLDINGS INC (FRGE) has a support level at 44.66 and a resistance level at 45.01. Check the full technical report for our detailed analysis of FRGE support and resistance levels.