• Return to Headlines

Formfactor Inc Rises 13.65% on Heavy Volume: Watch For Potential Pullback

By James Quinn

Formfactor Inc (NASDAQ:FORM) traded in a range yesterday that spanned from a low of $22.13 to a high of $22.58. Yesterday, the shares gained 13.7%, which took the trading range above the 3-day high of $22.55 on volume of 203,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Formfactor Inc have traded between a low of $12.72 and a high of $22.80 and are now at $22.48, which is 77% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.3% while the 200-day MA has risen 1.0%.

SmarTrend is tracking the current trend status for Formfactor Inc and will alert subscribers who have FORM in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders formfactor inc

Ticker(s): FORM