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FORESTAR GROUP INC (FOR) Stock Technical Analysis

NYSE:FOR - New York Stock Exchange, Inc. - US3462321015 - Common Stock

24.06  -0.21 (-0.87%)

Technical Rating and Analysis

0

Taking everything into account, FOR scores 0 out of 10 in our technical rating. FOR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
89% of all other stocks performed better in the past year than FOR.
FOR is one of the lesser performing stocks in the Real Estate Management & Development industry. 67% of 65 stocks in the same industry do better.
FOR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month FOR has a been trading in the 23.80 - 27.75 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
FORESTAR GROUP INC / FOR Weekly stock chart
FORESTAR GROUP INC / FOR Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

23.82

32.17

When analyzing the resistance we notice 4 important areas.

  • Resistance @26.79 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 27.26 to 27.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @29.82 from a trend line in the daily time frame.
  • A resistance zone ranging from 31.49 to 31.85. 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
CRS11.29
Mansfield-3.05
10 Day High27.75
10 Day Low23.8
20 Day High27.75
20 Day Low23.8
52 Week High40.92
52 Week Low23.8
Performance
1 Week-5.53%
2 Weeks-6.33%
1 Month-7.05%
3 Month-22.9%
6 Month-23.97%
12 Month-25.62%
2 Year63.1%
3 Year21.65%
5 Year19.73%
10 Year82.89%
15 Year30.69%
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)0.14
RSI(14)34.28
LBB24.35
UBB27.41
FORESTAR GROUP INC / FOR Daily stock chart

FORESTAR GROUP INC

NYSE:FOR (1/22/2025, 2:38:06 PM)

24.06

-0.21 (-0.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-0.87%
1 Week-5.53%
2 Weeks-6.33%
1 Month-7.05%
3 Month-22.9%
6 Month-23.97%
12 Month-25.62%
2 Year63.1%
3 Year21.65%
5 Year19.73%
10 Year82.89%
15 Year30.69%
Volatility
ATR(14)0.96
ATR(20)%3.67%
ATR Inc156.87%
Range Today0.76
ADR(20)0.79
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.29
Mansfield-3.05
10 Day High27.75
10 Day Low23.8
20 Day High27.75
20 Day Low23.8
52 Week High40.92
52 Week Low23.8
CS1 EndN/A
CR1 Start26.79
Volume & EV
DER(3)0.49%
DER(5)1.18%
Volume113.34K
Volume Incr82.29%
Vol(5)263.70K
Vol(50)149.90K