Question 1

What implications does the 10-day RSI indicator have for FORM?

Accepted Answer

The RSI Oscillator for FORM moved out of oversold territory on August 07, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 21 similar instances when the indicator left oversold territory. In 20 of the 21 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about FORM's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 3

How did FORM's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on FORM as a result. In 69 of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for FORM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for FORM just turned positive on August 15, 2024. Looking at past instances where FORM's MACD turned positive, the stock continued to rise in 41 of 51 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day price advance indicate for FORM?

Accepted Answer

Following a +3.60% 3-day Advance, the price is estimated to grow further. Considering data from situations where FORM advanced for three days, in 234 of 299 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for FORM's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FORM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

What does FORM breaking above its upper Bollinger Band indicate?

Accepted Answer

FORM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on FORM's trend?

Accepted Answer

The Aroon Indicator for FORM entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

FORM Stock FormFactor (FORM, $53.16) Aroon Indicator entered an Uptrend on June 04, 2024.

FORM's RSI Indicator recovers from oversold territory

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