Forian Inc. Shares Close the Week 32.0% Lower - Weekly Wrap

The company saw its shares close the week 32.0% lower than last week, with trading volume higher than its 30 day average.

Mar 26, 2021 by Kwhen Finance Editors

Forian Inc. Shares Close the Week 32.0% Lower - Weekly Wrap
Forian Inc. shares closed this week 32.0% lower than it did at the end of last week. The stock is currently down 54.4% year-to-date, down 54.4% over the past 12 months, and down 54.4% over the past five years. This week, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 1.7%.

Trading Activity

  • Shares traded as high as $15.00 and as low as $10.33 this week.
  • Trading volume this week was 28.0% higher than the 10-day average and 45.9% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed above its Bollinger band, indicating it may be overbought.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Forian Inc.-9.2-54.4-54.4
Dow Jones Industrial Average1.48.655.8-1.461.3
S&P 500 Index1.66.358.8-1.562.9
Technology Industry-7.7-14.4-87.7-88.59.6

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