Skip to main content
US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
FO

FORMStock

Nasdaq Global Select Market · Technology · US

$95.85 last close 2026-11-03
Open in terminalCompare
Alert

Verdicts genuinely change. Free email alert the moment FORM's does — no target price to set, unlike "Alert" above.

Sharia status
COMPLIANT
Per In-house ratio engine
6 of 7 pass our own screen — the standards disagree
Purification 1.34% *HTR non-permissible income 1.36%
🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
🔴 AVOID
The main driver: lagging the market by 37.2%, insider selling on the open market. Too many signals pointing the...
Scores: 2 bullish / 3 bearish
33
of 100
Setup confidence — system conviction, not win probabilityF

Trade plan

Posted with a stop, a target and the level that invalidates it. It resolves into the public record either way.

MOM · SCALP
Entry
$148.55
Stop
$147.06
Target
$151.53
Risk : Reward 2.0R

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure0 of 5 timeframes bullish · 73.9% aligned
VWAPPrice holding above VWAP ($95.23)
VolumeRelative volume 4.3× the 20-day average
Momentum10-day rate of change -18.2%
Overall readAVOID

FORM is currently considered halal (Sharia-compliant), per In-house ratio engine. See the full ratio breakdown and business-activity screen below for the reasoning.

This sits among 465 compliant Technology stocks we track. See compliant Technology stocks →

Market & analysts
Wall Street consensus
BUY
16 analysts
Price target
$152.22
+58.8% · 9 analysts
Institutional own.
94.3%
of shares
Momentum (10d)
-18.2%
rate of change
SMC grade
F · 33
73.9% aligned
1.34% *
Purification ratio (secondary provider, uncertain)
1.36%
Non-permissible income — HTR, from filings (2025-12-27)
F · 33
SMC grade — 73.9% timeframe alignment
-18.2%
Rate of change (10d)
BUY
Wall Street consensus (16)
$152.22
Price target (+58.8%) · 9 analysts
94.3%
Institutional ownership

🕌 In-house Compliance Research

Computed from published company financials, balance sheet as of 2026-06-27. FORM files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Pass 3 of 3 ratios pass
RatioValueThresholdResult
Interest-bearing debt 0.40% 30.00% Pass
Interest-bearing investments 4.62% 30.00% Pass
Non-permissible income 1.36% 5.00% Pass
Usmani Pass 4 of 4 ratios pass
RatioValueThresholdResult
Interest-bearing debt 2.23% 33.00% Pass
Interest-bearing investments 26.00% 33.00% Pass
Non-liquid assets 62.40% at least 20.00% Pass
Non-permissible income 1.36% 5.00% Pass
MSCI Fail 3 of 4 ratios pass
RatioValueThresholdResult
Interest-bearing debt 2.23% 33.33% Pass
Cash + interest-bearing securities 26.00% 33.33% Pass
Accounts receivable 37.60% 33.33% Fail
Non-permissible income 1.36% 5.00% Pass
FTSE Pass 4 of 4 ratios pass
RatioValueThresholdResult
Interest-bearing debt 0.87% 33.33% Pass
Cash + interest-bearing securities 26.00% 33.33% Pass
Accounts receivable 37.60% 50.00% Pass
Non-permissible income 1.36% 5.00% Pass
Dow Jones Islamic Market Pass 4 of 4 ratios pass

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 0.55% 33.00% Pass
Cash + interest-bearing securities 6.43% 33.00% Pass
Accounts receivable 2.87% 33.00% Pass
Non-permissible income 1.36% 5.00% Pass
S&P Shariah Pass 4 of 4 ratios pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 0.62% 33.00% Pass
Cash + interest-bearing securities 7.24% 49.00% Pass
Accounts receivable 3.23% 49.00% Pass
Non-permissible income 1.36% 5.00% Pass
MSCI M-Series Pass 4 of 4 ratios pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 0.62% 33.33% Pass
Cash + interest-bearing securities 7.24% 33.33% Pass
Accounts receivable 10.47% 49.00% Pass
Non-permissible income 1.36% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

How close is it to flipping?

Every current reading against its own line, closest first. A verdict is only as durable as that distance.

AAOIFI Standard 21 (% of market cap)non permissible income ratio 3.6pts
Usmani (% of total assets)non permissible income ratio 3.6pts
Dow Jones Islamic Market (% of 24-mo avg market cap)non permissible income ratio 3.6pts
MSCI Islamic Index (% of total assets)receivables ratio 4.3pts

The numbers the ratios are built from

Read from FORM's own filings. Every percentage on this page is one of these lines divided by another, so the inputs are shown rather than asserted.

LineFigureAs reportedRead from
RevenueTotal revenue for the period $785.0M 2025-12-27 RevenueFromContractWithCustomerExcludingAssessedTax
Interest-bearing debtShort and long-term borrowings $11.6M 2026-06-27 LongTermDebtNoncurrent, LongTermDebtCurrent
Cash and interest-bearing securitiesCash, equivalents and marketable securities $349.0M 2026-06-27 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents, MarketableSecuritiesCurrent
Total assetsBalance sheet total $1.3B 2026-06-27 Assets
Market capDenominator for AAOIFI $7.6B live quote price x shares
36-month average market capDenominator for S&P Shariah and MSCI M-Series $4.4B 756 trading days closes x shares
24-month average market capDenominator for Dow Jones Islamic Market $4.9B 504 trading days closes x shares
Non-permissible revenueInterest and excluded income $10.6M 2025-12-27 InvestmentIncomeInterest

Two dates, not one: a balance-sheet line and an income-statement line cover different windows by design, so each figure carries its own.

What changed, and when

Verdict history for FORM. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.

  • 2026-09-07 No change recorded No verdict change for FORM has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.

Tracked since 2026-09-07.

Tracked investors holding FORM
InvestorFirmPositionWeightAs of
Ken Fisher Fisher Asset Management $50M 0.0% 2026-06-30
Ray Dalio Bridgewater Associates $26M 0.1% 2026-06-30

From the most recent 13F on file. A 13F reports long US equity positions quarterly and in arrears — it is what a manager held on the report date, not what they hold today.

159.93132.12104.3076.4948.682025-11-032026-05-062026-11-03

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
79.87
S2
83.48
S1
85.39
PIVOT
89.00
R1
90.91
R2
94.52
R3
96.43

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
111.71 – 148.59
±14.17% from 130.15, made 2026-09-25 · resolves 2026-10-02
STRONG BUY
from 19 indicators
61.9% of our last 5789 forecasts — across every instrument we forecast, not just this one — landed inside their stated range, and 49.9% called the direction correctly.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

STRONG SELL
19 indicators
OscillatorsSTRONG SELL
0 buy · 4 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)40.40NEUTRAL
Stochastic %K (14)37.44NEUTRAL
CCI (20)-87.01NEUTRAL
Williams %R (14)-62.56NEUTRAL
MACD (12,26,9)-2.26SELL
ROC (10)-10.97SELL
Momentum (10)-11.81SELL
EMA (10)99.69SELL
SMA (10)99.22SELL
EMA (20)107.32SELL
SMA (20)111.15SELL
EMA (30)111.18SELL
SMA (30)120.55SELL
EMA (50)114.34SELL
SMA (50)115.47SELL
EMA (100)115.25SELL
SMA (100)118.67SELL
EMA (200)105.70SELL
SMA (200)114.21SELL

About FORM

Technology · Semiconductor Equipment & Materials

FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally. It operates in two segments: Probe Cards and Systems segments. The company provides probe cards to test various semiconductor device types, including systems- on-chip products, such as graphics, central, digital processing units, and other custom application-specific processing units; mobile application processors, microprocessors, and microcontrollers; network devices, which include switches and network processing units; dynamic random-access memory; radio-frequency amplifiers and filters; antenna-in-package devices; analog and mixed-signal integrated circuits; image sensors; co-packaged optical integrated circuits; NAND flash memory; NOR flash memory; and quantum computer processor devices. It also offers analytical probes, which are used for device characterization, electrical simulation model development, failure analysis, and prototype design debugging; probe stations, a critical tool for the development of new generations of semiconductor and electro-optical processes and designs; and thermal subsystems, which include thermal chucks and other test systems used in probe stations and other applications for precise temperature management. In addition, the company provides cryogenic systems, which includes the manufacture of precision cryogenic instruments and semiconductor test and measurement systems; and services and support, including installation services. Further, it offers on-site probe card maintenance and service training, seminars, and telephone support services. It sells its products through direct sales force, manufacturers' representatives, and distributors. It has a strategic collaboration with Teradyne. The company was incorporated in 1993 and is headquartered in Livermore, California.

formfactor.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

Latest Signal — 2026-09-30

MOM
Type · SCALP
148.55
Entry
147.06
Stop
151.53
Target
LOSS
Outcome

Stop 147.06 Now 95.85 Target 151.53

Verdict

🔴 AVOID

The main driver: lagging the market by 37.2%, insider selling on the open market. Too many signals pointing the wrong way. Wait for the picture to improve before committing capital.

Scores: 2 bullish / 3 bearish

Grade verdict

No real edge — avoid

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

TimeframeBiasBars
📅 Daily BEARISH 64
⏰ 4H RANGING 43
🕐 1H BEARISH 98
⏱ 15-Min BEARISH 130
⏲ 5-Min BEARISH 234

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

-18.2%
Rate of change (10d)
4.3×
Volume vs its 20-day average
-8.47
MACD (no fresh cross)
$95.28
Volume POC (today)
$94.18 – $96.13
Value area

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

Peer movement computing — it will appear here on its own.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is this a fatwa?

No. HTR applies published screening standards to a company's own filings and shows the result under each one. It is research, not a religious ruling. For a ruling that applies to you, ask a qualified scholar.

Why can the standards disagree?

Because they measure different things. Some divide interest-bearing debt by market cap, others by total assets, and the thresholds differ too. The same filing can clear one line and cross another. HTR shows every verdict rather than averaging them into one label.

How often is this re-screened?

Ratios are recomputed when a new filing lands, and the whole watchlist is re-screened on a rolling basis. The date on the verdict above is the last time this symbol was actually recomputed, not the last time the page was built.

Do I need to purify dividends?

If a company earns some non-permissible income, many scholars hold that the same share of any dividend should be given away. The non-permissible income figure above is the number that calculation starts from — the purification calculator finishes it, showing the filing figures behind the ratio and both the proportional and the AAOIFI per-share convention.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

CLUSTER SELL   0 buys · 13 sells

Recent: SLESSOR MIKE sold 490425 sh @ $131.65 (2026-08-14); SLESSOR MIKE sold 484204 sh @ $133.33 (2026-08-14); SLESSOR MIKE sold 484890 sh @ $132.50 (2026-08-14)

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-10-27 · Asset managers net 923449 (+22072)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.