FORM Technical Signal Analysis

FORM have 5 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-03-31. The total price change during this trend is -14.74%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of FORM over last 5 trading day is $28,595,780.41

5 Bullish Signal

vs

4 Bearish Signal

Name

Signal

Value

Meaning

Relative Strength Index (14 days)

RSI_14 < 30

21.89

Bullish

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 < 20

8.76

Bullish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 < -100

-225.31

Bullish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 < 20

7.42

Bullish

Williams %R (14 days)

WILLR_14 < -80

-95.26

Bullish

Name

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 < 0

-4.96

Bearish

Momentum (10 days)

MOM_10 < 0

-6.99

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-2.2

Bearish

Closing price

close < fibonacci_S1

24.12

Bearish

FORM Support and Resistance Level

The support levels for FORM are at 24.92, 22.8, and 19.37, while the resistance levels are at 31.78, 33.9, and 37.33. With the current stock price at 24.08, it is leaning more toward the support levels.

FORM Technical Analysis

Technical Analysis of FORM Stock

Price Overview:

  • Current Price: $32.99 (as of 2025-03-14)
  • Close Price: $32.00
  • Pre-Market Change: +2.32%
  • Regular Market Change: +4.64%

Technical Indicators:

  • RSI (14): 39.16 (Neutral)
  • MACD: -1.96 (Bearish Signal)
  • Stochastic Oscillator: 11.69 (Oversold Territory)
  • Fibonacci Levels:
    • Pivot: $31.89
    • R1: $33.23
    • R2: $34.06
    • S1: $30.55
    • S2: $29.72

Bollinger Bands:

  • The stock is trading near the lower band, indicating potential oversold conditions.

Recommendation:

  • Buy at the current price of $32.99, targeting a move towards the Fibonacci resistance levels of $33.23 and $34.06.
  • The stock is near oversold territory with support at the Fibonacci pivot, suggesting a potential bounce.

FORM FAQs

Which bull technical signals does FORM have?

Bullish technical signals of FORM include: RSI_14 < 30, STOCHk_14_3_3 < 20, CCI_20_0.015 < -100, STOCHRSIk_14_14_3_3 < 20, WILLR_14 < -80.

Which bearish technical signals does FORM have?

How reliable is technical analysis?

How can I use moving averages to set entry and exit points for FORM stock?

Is FORM a buy based on overall technical signals summary?

FORM Buy or Sell

FORM has 5 buy signals and 4 sell signals now. Overall the technical rating for FORM is Neutral.

StrongSellSellNeutralBuyStrongBuy
Neutral
Sell
4
Buy
5

FORM Moving Average

This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 24.08 below the SMA_5. In the short term, the stock shows a negative trend with the 26.95 below the SMA_20. In the mid term, the stock shows a negative trend with the 30.29 below the SMA_60. In the long term, the stock shows a negative trend with the 35.5 below the SMA_200.

Swing

Negative

Stock Price Below SMA_5

Short Term

Negative

SMA_5 Below SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

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What do technical indicators suggest about FORM's current trend?What are FORM's key support and resistance levels?