FormFactor Technical Analysis (NASDAQ:FORM)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the FormFactor stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the FORM stock chart which creates a trading signal.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for FormFactor. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of FormFactor stock analysis.
FormFactor Moving Average:
FORM stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of FormFactor chart patterns after the calculations remain the same. The 100 day moving average of 13.03 is below the last closing price of 14.3. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $13.69 is below the price of $14.3.
FormFactor Bollinger Bands:
Bollinger bands comprise of a center line usually FORM SMA, and two FORM stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. FormFactor bollinger bands show that the stock price is $14.3, upper band is 29.04, lower band is 25.29, and the average is 27.16.
FormFactor Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The FormFactor MACD indicator can be used to identify bullish and bearish trends for the stock.
FormFactor Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 63.3 is the RSI value of FORM stock. .