FORRESTER RESEARCH INC (FORR)

US3465631097 - Common Stock

18.19  -0.15 (-0.82%)

After market: 18.19 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to FORR. FORR'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
90% of all other stocks performed better in the past year than FORR.
FORR is part of the Professional Services industry. There are 81 other stocks in this industry, of which 77% are performing better than FORR.
FORR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FORR is lagging the market.
In the last month FORR has a been trading in the 17.26 - 20.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
FORR Weekly chart
FORR Daily chart
Setup Rating and Analysis

3

The technical rating of FORR 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.

Support and Resistance Analysis

18.01

25.24

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 18.50 to 18.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 19.66 to 19.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 21.23 to 21.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @23.98 from a trend line in the daily time frame.
  • Resistance @24.99 from a trend 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
CRS10.99
Mansfield-3.77
10 Day High19.31
10 Day Low17.26
20 Day High20.57
20 Day Low17.26
52 Week High32.79
52 Week Low17.26
Performance
1 Week-3.09%
2 Weeks-2.99%
1 Month-9.64%
3 Month-27.15%
6 Month-22.73%
12 Month-28.5%
2 Year-65.24%
3 Year-57.61%
5 Year-60.05%
10 Year-51.9%
15 Year-21.49%
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)39.97
LBB17.85
UBB19.22
FORR Daily chart

FORRESTER RESEARCH INC

NASDAQ:FORR (5/3/2024, 7:00:00 PM)

After market: 18.19 0 (0%)

18.19

-0.15 (-0.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.82%
1 Week-3.09%
2 Weeks-2.99%
1 Month-9.64%
3 Month-27.15%
6 Month-22.73%
12 Month-28.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.71
ATR(20)%4.16%
ATR Inc
Range Today0.73
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 High19.31
10 Day Low17.26
20 Day High20.57
20 Day Low17.26
52 Week High32.79
52 Week Low17.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume91.70K
Volume Incr38.11%
Vol(5)145.12K
Vol(50)211.19K