FORMFACTOR INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	FORM
ISIN:

FORMFACTOR INC. - Daily - Technical analysis published on 01/30/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

22%

39%

My opinion

Bullish above 24.79 USD

My targets

28.23 USD (+7.95%)

31.68 USD (+21.15%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on FORMFACTOR INC.. As long as you are above the support located at 24.79 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 28.23 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 31.68 USD as an objective. Crossing it would then enable buyers to target 35.46 USD. If the support 24.79 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

FORCE

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FORMFACTOR INC. price is 26.15 USD. The price registered a decrease of -2.43% on the session and was traded between 26.13 USD and 27.20 USD over the period. The price is currently at +0.08% from its lowest and -3.86% from its highest.

26.13

27.20

26.15

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this FORMFACTOR INC. chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Downside Tasuki gap

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.13	22.22	25.88	26.15	28.23	35.46	49.45
Change (%)	-30.67%	-15.03%	-1.03%	-	+7.95%	+35.60%	+89.10%
Change	-8.02	-3.93	-0.27	-	+2.08	+9.31	+23.30
Level	Major	Minor	Major	-	Intermediate	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.53	25.83	26.32	26.62	27.11	27.41	27.90
Camarilla	26.58	26.66	26.73	26.80	26.87	26.95	27.02
Woodie	25.62	25.88	26.41	26.67	27.20	27.46	27.99
Fibonacci	25.83	26.14	26.32	26.62	26.93	27.11	27.41

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.61	25.69	26.42	27.50	28.23	29.31	30.04
Camarilla	26.65	26.82	26.98	27.15	27.32	27.48	27.65
Woodie	24.44	25.60	26.25	27.41	28.06	29.22	29.87
Fibonacci	25.69	26.38	26.81	27.50	28.19	28.62	29.31

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.08	20.59	23.28	24.79	27.48	28.99	31.68
Camarilla	24.82	25.20	25.59	25.97	26.36	26.74	27.13
Woodie	19.67	20.89	23.87	25.09	28.07	29.29	32.27
Fibonacci	20.59	22.19	23.19	24.79	26.39	27.39	28.99

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.96
MACD (12,26,9):	0.4500
Directional Movement:	9.94
AROON (14):	-7.14
DEMA (21):	27.26
Parabolic SAR (0,02-0,02-0,2):	28.47
Elder Ray (13):	-0.09
Super Trend (3,10):	25.91
Zig ZAG (10):	26.15
VORTEX (21):	0.9700
Stochastique (14,3,5):	15.04
TEMA (21):	26.97
Williams %R (14):	-91.35
Chande Momentum Oscillator (20):	-0.22
Repulse (5,40,3):	-5.1000
ROCnROLL:	-1
TRIX (15,9):	0.3600
Courbe Coppock:	4.31

MA7:	26.98
MA20:	26.70
MA50:	25.14
MA100:	22.71
MAexp7:	26.74
MAexp20:	26.55
MAexp50:	25.21
MAexp100:	23.18
Price / MA7:	-3.08%
Price / MA20:	-2.06%
Price / MA50:	+4.02%
Price / MA100:	+15.15%
Price / MAexp7:	-2.21%
Price / MAexp20:	-1.51%
Price / MAexp50:	+3.73%
Price / MAexp100:	+12.81%

News

The last news published on FORMFACTOR INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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