FORGE GLOBAL HOLDINGS INC (FRGE) Stock Technical Analysis
USA - NYSE:FRGE - US34629L2025 - Common Stock
21.51 USD
+1.76 (+8.91%)
21.98 USD
+0.47 (+2.19%)
We assign a technical rating of 6 out of 10 to FRGE. In the last year, FRGE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FRGE is one of the better performing stocks in the Capital Markets industry, it outperforms 87% of 235 stocks in the same industry.
FRGE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FRGE is lagging the market slightly.
In the last month FRGE has a been trading in the 15.79 - 22.20 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, FRGE did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FRGE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.58
22.06
We found 4 important support areas.
- A support zone ranging from 21.43 to 21.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 17.40 to 17.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.55 from a trend line in the daily time frame.
- Support @15.74 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @21.84 from a horizontal 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 | UP | POSITIVE | The short term trend for FRGE is up. |
| ChartMill Relative Strength | 74.7 | POSITIVE | FRGE has a high relative strength, it outperformed 74.7% 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) | 67.63 | NEUTRAL | The RSI value for FRGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests FRGE has a positive trend. |
| Stochastics (14,3) | 75.62 | NEUTRAL | The Stochastics value for FRGE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for FRGE suggests high volalility. |
| Average Directional Index/ADX (14) | 17.44 | 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)
21.51
+1.76 (+8.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg8.91%
1 Week32.53%
2 Weeks24.55%
1 Month29.89%
3 Month4.42%
6 Month56.66%
12 Month26.9%
2 Year-43.54%
3 Year-7.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.51
ATR(20)%6.01%
ATR Inc83.32%
Range Today2.46
ADR(20)1.2
ADR(20)%5.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.7
3 months CRS53.77
6 months CRS88.75
Mansfield2.96
10 Day High22.2
10 Day Low15.9
20 Day High22.2
20 Day Low15.79
52 Week High24.9
52 Week Low6.6
CS1 End21.5
CR1 Start21.84
Volume & EV
DER(3)3.99%
DER(5)2.22%
Volume168.00K
Volume Incr309.91%
Vol(5)267.10K
Vol(50)97.32K
FORGE GLOBAL HOLDINGS INC / FRGE FAQ
Can you provide the ChartMill technical rating for FORGE GLOBAL HOLDINGS INC?
ChartMill assigns a technical rating of 6 / 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 67.6272. 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 positive.