FORGE GLOBAL HOLDINGS INC (FRGE) Stock Technical Analysis
USA - NYSE:FRGE - US34629L2025 - Common Stock
18.55 USD
+1.92 (+11.55%)
19.35 USD
+0.8 (+4.31%)
Overall FRGE gets a technical rating of 3 out of 10. In the last year, FRGE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
70% of all other stocks performed better in the past year than FRGE.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FRGE is part of the Capital Markets industry. There are 235 other stocks in this industry, FRGE did better than 55% of them.
FRGE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRGE is lagging the market.
In the last month FRGE has a been trading in the 15.79 - 18.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of FRGE is bad and it also does not present a 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
15.58
21.64
We found 3 important support areas.
- A support zone ranging from 17.12 to 17.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.23 to 16.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 15.74 to 15.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.56 to 18.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.52 from a trend line in the weekly time frame.
- Resistance @21.43 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for FRGE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRGE is neutral. |
| ChartMill Relative Strength | 30.18 | NEUTRAL | FRGE is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of FRGE is above a declining 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) | 59.33 | NEUTRAL | The RSI value for FRGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests FRGE has a positive trend. |
| Stochastics (14,3) | 42.2 | NEUTRAL | The Stochastics value for FRGE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for FRGE suggests high volalility. |
| Average Directional Index/ADX (14) | 12.21 | NEGATIVE | The low ADX value for FRGE suggests a weak or negative trend. |
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)
18.55
+1.92 (+11.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg11.55%
1 Week9.76%
2 Weeks12.08%
1 Month8.54%
3 Month-9.95%
6 Month35.11%
12 Month9.44%
2 Year-51.31%
3 Year-20.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%5.4%
ATR Inc77.65%
Range Today2.7
ADR(20)0.97
ADR(20)%5.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.18
3 months CRS11.68
6 months CRS81.84
Mansfield1.13
10 Day High18.98
10 Day Low15.9
20 Day High18.98
20 Day Low15.79
52 Week High24.9
52 Week Low6.6
CS1 End17.44
CR1 Start18.56
Volume & EV
DER(3)0.98%
DER(5)-0.41%
Volume454.00K
Volume Incr89.35%
Vol(5)126.36K
Vol(50)86.28K
FORGE GLOBAL HOLDINGS INC / FRGE FAQ
Can you provide the ChartMill technical rating for FORGE GLOBAL HOLDINGS INC?
ChartMill assigns a technical rating of 3 / 10 to FRGE.
Can you provide the trend direction for FORGE GLOBAL HOLDINGS INC?
The current trend direction for FORGE GLOBAL HOLDINGS INC (FRGE) is Bearish.
What is the RSI signal for FORGE GLOBAL HOLDINGS INC (FRGE) stock?
FORGE GLOBAL HOLDINGS INC (FRGE) has an RSI value of 59.3284. This indicates that the stock is currently neutral.
What is the short term momentum for FRGE stock?
The short term momentum for FORGE GLOBAL HOLDINGS INC (FRGE) is neutral.