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Bullish Moving Average Cross by Formfactor Inc (FORM)

By Shiri Gupta

Today, shares of Formfactor Inc (NASDAQ:FORM) have crossed bullishly above their 10-day moving average of $13.57 on a volume of 108K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Formfactor Inc share prices have been bracketed by a low of $8.31 and a high of $15.58 and are now at $13.72, 65% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Formfactor Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Formfactor Inc in search of a potential trend change.

Keywords: moving crosses formfactor inc

Ticker(s): FORM