25 XP   0   0   10

Forecross Corp
Buy, Hold or Sell?

Let's analyse Forecross together

PenkeI guess you are interested in Forecross Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Forecross Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Forecross Corp

I send you an email if I find something interesting about Forecross Corp.

Quick analysis of Forecross (30 sec.)










What can you expect buying and holding a share of Forecross? (30 sec.)

What is your share worth?

Current worth
$0.00
Expected worth in 1 year
$0.00
How sure are you?

+ What do you gain per year?

Total Gains per Share
$0.00
Return On Investment
0.0%

For what price can you sell your share?

Current Price per Share
$0.00
Expected price per share
$0.0004 - $0.0004
How sure are you?
50%

1. Valuation of Forecross (5 min.)




Live pricePrice per Share (EOD)

$0.00

2. Growth of Forecross (5 min.)




Is Forecross growing?

Current yearPrevious yearGrowGrow %
How rich?-$775.1k-$1.3m$564.1k72.8%

How much money is Forecross making?

Current yearPrevious yearGrowGrow %
Making money-$429k-$1.2m$847.8k197.6%
Net Profit Margin-10.7%-32.4%--

How much money comes from the company's main activities?

3. Financial Health of Forecross (5 min.)




What can you expect buying and holding a share of Forecross? (5 min.)

Welcome investor! Forecross's management wants to use your money to grow the business. In return you get a share of Forecross.

What can you expect buying and holding a share of Forecross?

First you should know what it really means to hold a share of Forecross. And how you can make/lose money.

Speculation

The Price per Share of Forecross is $0.0004. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Forecross.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Forecross, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.00.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash.
Based on historical numbers we can estimate the returns while holding a share of Forecross.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share
Usd Dividend Per Share
Usd Total Gains Per Share
Usd Price Per Share0.54-0.54-1.13-1.21-1.21-
Price to Earnings Ratio0.00-0.00-0.00-0.00-0.00-
Price-to-Total Gains Ratio
Price to Book Ratio0.00-0.00-0.00-0.00-0.00-
Price-to-Total Gains Ratio

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0004
Number of shares2500000
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share--
Usd Book Value Change Per Share--
Usd Total Gains Per Share--
Gains per Quarter (2500000 shares)--
Gains per Year (2500000 shares)--
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1---10---10
2---10---10
3---10---10
4---10---10
5---10---10
6---10---10
7---10---10
8---10---10
9---10---10
10---10---10

Fundamentals of Forecross

About Forecross Corp

Forecross Corporation designs and develops software to re-deploy and sustain legacy applications on the Internet. The company offers XML solutions that enable enterprises to make legacy applications e-Ready; and IT applications protection solution. Its automated migration solution includes convert/ADSOTM, which converts ADSO dialogs into functionally equivalent, ready-to-test, CICS command level COBOL programs; and convert/IDMS-DCTM that converts IDMS/DC programs into functionally equivalent, ready-to-test CICS command level programs. The company's migration solution also comprises convert/IDMS-DBTM, which converts IDMS/DB programs, data and databases into functionally equivalent, ready-to-test applications supporting ANSI standard SQL environment; convert/CSPTM that converts CSP applications into functionally equivalent, ready-to-test CICS command level COBOL programs; and convert/VSAMTM, which converts VSAM programs, data and files into functionally equivalent, ready-to-test applications supporting any ANSI standard SQL environments. Forecross Corporation was founded in 1982 and is based in San Francisco, California.

Fundamental data was last updated by Penke on 2024-05-16 15:10:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is unable to pay all its debts by selling its assets.

Valuation

Valuation Details
 Compared to previous yearCompared to industry

1.1. Profitability of Forecross Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Forecross earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Forecross to the Software - Application industry mean.
  • A Net Profit Margin of -10.7% means that $-0.11 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Forecross Corp:

  • The MRQ is -10.7%. The company is making a huge loss. -2
  • The TTM is -10.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-10.7%TTM-10.7%0.0%
TTM-10.7%YOY-32.4%+21.7%
TTM-10.7%5Y-38.6%+27.9%
5Y-38.6%10Y-38.6%0.0%
1.1.2. Return on Assets

Shows how efficient Forecross is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Forecross to the Software - Application industry mean.
  • -41.0% Return on Assets means that Forecross generated $-0.41 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Forecross Corp:

  • The MRQ is -41.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -41.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-41.0%TTM-41.0%0.0%
TTM-41.0%YOY-84.2%+43.2%
TTM-41.0%5Y-144.5%+103.5%
5Y-144.5%10Y-144.5%0.0%
1.1.3. Return on Equity

Shows how efficient Forecross is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Forecross to the Software - Application industry mean.
  • 0.0% Return on Equity means Forecross generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Forecross Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%

1.2. Operating Efficiency of Forecross Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Forecross is operating .

  • Measures how much profit Forecross makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Forecross to the Software - Application industry mean.
  • An Operating Margin of -7.4% means the company generated $-0.07  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Forecross Corp:

  • The MRQ is -7.4%. The company is operating very inefficient. -2
  • The TTM is -7.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-7.4%TTM-7.4%0.0%
TTM-7.4%YOY-24.5%+17.1%
TTM-7.4%5Y-30.7%+23.4%
5Y-30.7%10Y-30.7%0.0%
1.2.2. Operating Ratio

Measures how efficient Forecross is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 1.46 means that the operating costs are $1.46 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Forecross Corp:

  • The MRQ is 1.461. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.461. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.461TTM1.4610.000
TTM1.461YOY1.589-0.128
TTM1.4615Y1.843-0.382
5Y1.84310Y1.8430.000

1.3. Liquidity of Forecross Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Forecross is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 0.44 means the company has $0.44 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Forecross Corp:

  • The MRQ is 0.444. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.444. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.444TTM0.4440.000
TTM0.444YOY0.467-0.022
TTM0.4445Y0.358+0.086
5Y0.35810Y0.3580.000
1.3.2. Quick Ratio

Measures if Forecross is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Forecross to the Software - Application industry mean.
  • A Quick Ratio of 0.41 means the company can pay off $0.41 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Forecross Corp:

  • The MRQ is 0.413. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.413. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.413TTM0.4130.000
TTM0.413YOY0.446-0.033
TTM0.4135Y0.331+0.083
5Y0.33110Y0.3310.000

1.4. Solvency of Forecross Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Forecross assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Forecross to Software - Application industry mean.
  • A Debt to Asset Ratio of 1.74 means that Forecross assets are financed with 174.1% credit (debt) and the remaining percentage (100% - 174.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Forecross Corp:

  • The MRQ is 1.741. The company is unable to pay all its debts by selling its assets. -2
  • The TTM is 1.741. The company is unable to pay all its debts by selling its assets. -2
Trends
Current periodCompared to+/- 
MRQ1.741TTM1.7410.000
TTM1.741YOY1.883-0.142
TTM1.7415Y3.564-1.823
5Y3.56410Y3.5640.000
1.4.2. Debt to Equity Ratio

Measures if Forecross is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Forecross to the Software - Application industry mean.
  • A Debt to Equity ratio of 0.0% means that company has $0.00 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Forecross Corp:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000

2. Market Valuation of Forecross Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Forecross generates.

  • Above 15 is considered overpriced but always compare Forecross to the Software - Application industry mean.
  • A PE ratio of 0.00 means the investor is paying $0.00 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Forecross Corp:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Forecross Corp:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Forecross is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 0.00 means the investor is paying $0.00 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Forecross Corp:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Forecross Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Per Share----0%-0%-0%-0%
Current Ratio--0.4440.4440%0.467-5%0.358+24%0.358+24%
Debt To Asset Ratio--1.7411.7410%1.883-8%3.564-51%3.564-51%
Debt To Equity Ratio----0%-0%-0%-0%
Eps----0%-0%-0%-0%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Market Cap----0%-0%-0%-0%
Net Profit Margin---0.107-0.1070%-0.324+202%-0.386+260%-0.386+260%
Operating Margin---0.074-0.0740%-0.245+232%-0.307+317%-0.307+317%
Operating Ratio--1.4611.4610%1.589-8%1.843-21%1.843-21%
Pb Ratio----0%-0%-0%-0%
Pe Ratio----0%-0%-0%-0%
Price Per Share0.000-134900%0.5400.5400%1.125-52%1.211-55%1.211-55%
Price To Free Cash Flow Ratio----0%-0%-0%-0%
Quick Ratio--0.4130.4130%0.446-7%0.331+25%0.331+25%
Return On Assets---0.410-0.4100%-0.842+105%-1.445+253%-1.445+253%
Return On Equity----0%-0%-0%-0%
Usd Book Value---775167.000-775167.0000%-1339270.000+73%-2767469.500+257%-2767469.500+257%
Usd Book Value Per Share----0%-0%-0%-0%
Usd Eps----0%-0%-0%-0%
Usd Free Cash Flow---369639.000-369639.0000%-1481303.000+301%-964703.750+161%-964703.750+161%
Usd Market Cap----0%-0%-0%-0%
Usd Price Per Share0.000-134900%0.5400.5400%1.125-52%1.211-55%1.211-55%
Usd Profit---429018.000-429018.0000%-1276864.000+198%-1691478.500+294%-1691478.500+294%
Usd Revenue--3994437.0003994437.0000%3938797.000+1%4640584.250-14%4640584.250-14%
 EOD+1 -1MRQTTM+0 -0YOY+10 -35Y+11 -210Y+11 -2

3.2. Fundamental Score

Let's check the fundamental score of Forecross Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Net Profit Margin (MRQ)Greater than0-0.107
Operating Margin (MRQ)Greater than0-0.074
Quick Ratio (MRQ)Greater than10.413
Current Ratio (MRQ)Greater than10.444
Debt to Asset Ratio (MRQ)Less than11.741
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.410
Total1/8 (12.5%)

3.3. Technical Score

Let's check the technical score of Forecross Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.000
Total0/1 (0.0%)



Latest Balance Sheet

Balance Sheet of 2001-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets1,046
Total Liabilities1,822
Total Stockholder Equity-775
 As reported
Total Liabilities 1,822
Total Stockholder Equity+ -775
Total Assets = 1,046

Assets

Total Assets1,046
Total Current Assets749
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 30
Net Receivables 697
Other Current Assets 22
Total Current Assets  (as reported)749
Total Current Assets  (calculated)749
+/-0
Long-term Assets
Property Plant Equipment 178
Long-term Assets  (as reported)0
Long-term Assets  (calculated)178
+/- 178

Liabilities & Shareholders' Equity

Total Current Liabilities1,686
Long-term Liabilities0
Total Stockholder Equity-775
Total Current Liabilities
Short Long Term Debt 100
Accounts payable 275
Other Current Liabilities 258
Total Current Liabilities  (as reported)1,686
Total Current Liabilities  (calculated)634
+/- 1,052
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock10,577
Retained Earnings -12,429
Total Stockholder Equity (as reported)-775
Total Stockholder Equity (calculated)-1,852
+/- 1,077
Other
Net Tangible Assets -775
Net Working Capital -937



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2001-09-302000-09-301999-09-301998-09-30
> Total Assets 
1,996
812
1,516
1,046
1,0461,5168121,996
   > Total Current Assets 
1,318
424
1,091
749
7491,0914241,318
       Cash And Cash Equivalents 
98
3
19
30
3019398
       Net Receivables 
1,170
376
1,043
697
6971,0433761,170
       Other Current Assets 
50
45
28
22
22284550
   > Long-term Assets 0000
       Property Plant Equipment 
568
278
311
178
178311278568
> Total Liabilities 
5,272
6,491
2,856
1,822
1,8222,8566,4915,272
   > Total Current Liabilities 
3,054
4,741
2,338
1,686
1,6862,3384,7413,054
       Short Long Term Debt 
0
0
0
100
100000
       Accounts payable 
225
631
357
275
275357631225
       Other Current Liabilities 
804
869
636
258
258636869804
   > Long-term Liabilities 0000
> Total Stockholder Equity
-3,277
-5,679
-1,339
-775
-775-1,339-5,679-3,277
   Common Stock
4,716
5,018
9,677
10,577
10,5779,6775,0184,716
   Retained Earnings -12,429-12,000-10,723-7,992
   Capital Surplus 0000
   Treasury Stock0000
   Other Stockholders Equity 0000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2001-09-30)

Gross Profit (+$)
totalRevenue3,994
Cost of Revenue-1,546
Gross Profit2,4492,449
 
Operating Income (+$)
Gross Profit2,449
Operating Expense-4,289
Operating Income-294-1,840
 
Operating Expense (+$)
Research Development835
Selling General Administrative1,908
Selling And Marketing Expenses0
Operating Expense4,2892,743
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-294
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-427-161
EBIT - interestExpense = -294
-427
-429
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-294-427
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-427
Tax Provision-0
Net Income From Continuing Ops-429-427
Net Income-429
Net Income Applicable To Common Shares-429
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-1330
 

Technical Analysis of Forecross
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Forecross. The general trend of Forecross is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Forecross's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Forecross Corp.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.0004 < 0.0004 < 0.0004.

The bearish price targets are: 0.0004 > 0.0004 > 0.0004.

Tweet this
Forecross Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Forecross Corp. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Forecross Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Forecross Corp.

Forecross Corp Daily Moving Average Convergence/Divergence (MACD) ChartForecross Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Forecross Corp. The current adx is .

Forecross Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Forecross Corp.

Forecross Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Forecross Corp.

Forecross Corp Daily Relative Strength Index (RSI) ChartForecross Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Forecross Corp.

Forecross Corp Daily Stochastic Oscillator ChartForecross Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Forecross Corp.

Forecross Corp Daily Commodity Channel Index (CCI) ChartForecross Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Forecross Corp.

Forecross Corp Daily Chande Momentum Oscillator (CMO) ChartForecross Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Forecross Corp.

Forecross Corp Daily Williams %R ChartForecross Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Forecross Corp.

Forecross Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Forecross Corp.

Forecross Corp Daily Average True Range (ATR) ChartForecross Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Forecross Corp.

Forecross Corp Daily On-Balance Volume (OBV) ChartForecross Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Forecross Corp.

Forecross Corp Daily Money Flow Index (MFI) ChartForecross Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Forecross Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-12-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-04-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside

6.3. Candlestick Patterns

Forecross Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Forecross Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.000
Total0/1 (0.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Forecross with someone you think should read this too:
  • Are you bullish or bearish on Forecross? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Forecross? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Forecross Corp

I send you an email if I find something interesting about Forecross Corp.


Comments

How you think about this?

Leave a comment

Stay informed about Forecross Corp.

Receive notifications about Forecross Corp in your mailbox!