FORESTAR GROUP INC (FOR)

US3462321015 - Common Stock

31.55  -0.32 (-1%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to FOR. FOR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month FOR has a been trading in the 30.95 - 33.34 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, FOR turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
FOR is an average performer in the Real Estate Management & Development industry, it outperforms 65% of 67 stocks in the same industry.
FOR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FOR is lagging the market.
Weekly and Daily overview Charts
FOR Weekly chart
FOR Daily chart
Setup Rating and Analysis

4

FOR has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately.

Support and Resistance Analysis

27.95

34.73

3 important support areas can be observed.

  • A support zone ranging from 30.93 to 31.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @28.79 from a horizontal line in the weekly time frame.
  • Support @28.23 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 31.80 to 32.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 33.01 to 33.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @34.39 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.79
Mansfield-1.4
10 Day High33.34
10 Day Low30.95
20 Day High33.34
20 Day Low30.95
52 Week High40.92
52 Week Low23.25
Performance
1 Week0.38%
2 Weeks0.76%
1 Month-4.44%
3 Month-0.16%
6 Month1.72%
12 Month36.25%
2 Year175.22%
3 Year62.85%
5 Year69.7%
10 Year82.64%
15 Year115.92%
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)0.01
RSI(14)48.96
LBB30.9
UBB33.16
FOR Daily chart

FORESTAR GROUP INC

NYSE:FOR (10/22/2024, 1:27:24 PM)

31.55

-0.32 (-1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1%
1 Week0.38%
2 Weeks0.76%
1 Month-4.44%
3 Month-0.16%
6 Month1.72%
12 Month36.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.82
ATR(20)%2.57%
ATR Inc
Range Today0.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High33.34
10 Day Low30.95
20 Day High33.34
20 Day Low30.95
52 Week High40.92
52 Week Low23.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume46.39K
Volume Incr-17.58%
Vol(5)103.74K
Vol(50)140.57K