FormFactor Technical Analysis (NASDAQ:FORM)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The FormFactor stock price data and volume are plotted in FORM stock charts and these trading charts form the basis of technical analysis.
See FormFactor bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for FormFactor stock analysis that does not care for the fair value of a company but uses price and volume data only.
FormFactor Moving Average
Moving averages help predict the price direction of FORM stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $14.07 is below the price of $14.15.
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 overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of FormFactor bollinger bands.
FormFactor Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The FormFactor MACD indicator is below 0 indicating a bearish trend.
FormFactor Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of FORM stock is 51.35.