FORIAN INC (FORA) Stock Technical Analysis
NASDAQ:FORA - Nasdaq - US34630N1063 - Common Stock - Currency: USD
Overall FORA gets a technical rating of 0 out of 10. FORA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
73% of all other stocks performed better in the past year than FORA.
FORA is currently trading near the lower end of its 52 week range, which is not a good sign. FORA is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month FORA has a been trading in the 1.98 - 4.03 range, which is quite wide. It is currently trading near the lows of this range.
FORA is part of the Health Care Technology industry. There are 37 other stocks in this industry. FORA outperforms 75% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Considerably lower volume is observed in the last couple of days.
FORA has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.97
3.63
We found 2 important support areas.
- Strong support @2.04 from a horizontal line in the daily time frame.
- A support zone ranging from 1.99 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.12 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.59 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.23
Mansfield-1.68
10 Day High2.39
10 Day Low1.98
20 Day High4.03
20 Day Low1.98
52 Week High4.15
52 Week Low1.96
Performance
1 Week0%
2 Weeks-12.45%
1 Month-12.08%
3 Month4.98%
6 Month-10.21%
12 Month-26.48%
2 Year-44.62%
3 Year-69.68%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)43.18
LBB1.64
UBB2.99
NASDAQ:FORA (3/7/2025, 8:27:39 PM)
2.11
+0.02 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg0.96%
1 Week0%
2 Weeks-12.45%
1 Month-12.08%
3 Month4.98%
6 Month-10.21%
12 Month-26.48%
2 Year-44.62%
3 Year-69.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%16.3%
ATR Inc-56.93%
Range Today0.09
ADR(20)0.34
ADR(20)%15.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.23
Mansfield-1.68
10 Day High2.39
10 Day Low1.98
20 Day High4.03
20 Day Low1.98
52 Week High4.15
52 Week Low1.96
CS1 End2.04
CR1 Start2.12
Volume & EV
DER(3)14.56%
DER(5)8.02%
Volume11.00K
Volume Incr-79.9%
Vol(5)9.92K
Vol(50)31.06K