FORESTAR GROUP INC (FOR)

US3462321015 - Common Stock

31.33  +0.02 (+0.06%)

After market: 31.33 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, FOR scores 4 out of 10 in our technical rating. Although FOR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month FOR has a been trading in the 30.28 - 40.86 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that FOR is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, FOR also shows a nice and consistent pattern of rising prices.
FOR is part of the Real Estate Management & Development industry. There are 67 other stocks in this industry. FOR outperforms 90% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
FOR is currently trading in the middle 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 slightly.
Weekly and Daily overview Charts
FOR Weekly chart
FOR Daily chart
Setup Rating and Analysis

3

FOR has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

30.13

31.64

When analyzing the support we can see 2 important areas.

  • Support @31.32 from a horizontal line in the weekly time frame.
  • A support zone ranging from 30.43 to 30.53. This zone is formed by a combination of multiple trend lines in multiple time frames.

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
CRS88.65
Mansfield-0.18
10 Day High37.94
10 Day Low30.28
20 Day High40.86
20 Day Low30.28
52 Week High40.92
52 Week Low19.26
Performance
1 Week-0.89%
2 Weeks-16.63%
1 Month-22.05%
3 Month-3.98%
6 Month33.95%
12 Month62%
2 Year92.09%
3 Year23.64%
5 Year62.58%
10 Year83.75%
15 Year143.62%
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)-0.72
RSI(14)32.35
LBB27.82
UBB40.79
FOR Daily chart

FORESTAR GROUP INC

NYSE:FOR (4/26/2024, 7:04:00 PM)

After market: 31.33 0 (0%)

31.33

+0.02 (+0.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg0.06%
1 Week-0.89%
2 Weeks-16.63%
1 Month-22.05%
3 Month-3.98%
6 Month33.95%
12 Month62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.59
ATR(20)%4.99%
ATR Inc
Range Today0.59
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 High37.94
10 Day Low30.28
20 Day High40.86
20 Day Low30.28
52 Week High40.92
52 Week Low19.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume206.00K
Volume Incr2.86%
Vol(5)320.78K
Vol(50)265.81K