FORESTAR GROUP INC (FOR) Stock Technical Analysis
NYSE:FOR - New York Stock Exchange, Inc. - US3462321015 - Common Stock - Currency: USD
Taking everything into account, FOR scores 1 out of 10 in our technical rating. FOR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FOR is a bad performer in the overall market: 85% of all stocks are doing better.
FOR is part of the Real Estate Management & Development industry. There are 66 other stocks in this industry, of which 69% are performing better than FOR.
FOR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FOR is lagging the market.
In the last month FOR has a been trading in the 18.00 - 21.20 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of FOR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.40
20.83
We found 1 important resistance area.
- A resistance zone ranging from 20.62 to 20.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.7
Mansfield-2.76
10 Day High21.2
10 Day Low18.86
20 Day High21.2
20 Day Low18
52 Week High37.21
52 Week Low18
Performance
1 Week6.24%
2 Weeks5.96%
1 Month5.26%
3 Month-11.35%
6 Month-29.9%
12 Month-41.06%
2 Year1.38%
3 Year24.31%
5 Year35.86%
10 Year54.38%
15 Year12.32%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.21
RSI(14)56.25
LBB18.97
UBB20.57
20.61
+0.03 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg0.15%
1 Week6.24%
2 Weeks5.96%
1 Month5.26%
3 Month-11.35%
6 Month-29.9%
12 Month-41.06%
2 Year1.38%
3 Year24.31%
5 Year35.86%
10 Year54.38%
15 Year12.32%
Volatility
ATR(14)0.62
ATR(20)%3.41%
ATR Inc42.07%
Range Today0.31
ADR(20)0.66
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.7
Mansfield-2.76
10 Day High21.2
10 Day Low18.86
20 Day High21.2
20 Day Low18
52 Week High37.21
52 Week Low18
CS1 EndN/A
CR1 Start20.62
Volume & EV
DER(3)-0.38%
DER(5)0.01%
Volume194.10K
Volume Incr-34.95%
Vol(5)160.88K
Vol(50)224.03K