FORESTAR GROUP INC (FOR)
US3462321015 - Common Stock
We assign a technical rating of 0 out of 10 to FOR. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than FOR.
FOR is part of the Real Estate Management & Development industry. There are 64 other stocks in this industry, of which 66% are performing better than FOR.
FOR is currently making a new 52 week low. This is a very bad signal. The S&P500 Index 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 25.33 - 31.19 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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
25.70
32.56
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 28.34 to 28.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 29.53 to 30.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.49 from a horizontal line in the daily time frame.
- Resistance @32.24 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.42
Mansfield-2.74
10 Day High28.8
10 Day Low25.33
20 Day High31.19
20 Day Low25.33
52 Week High40.92
52 Week Low25.33
Performance
1 Week-6.75%
2 Weeks-8.4%
1 Month-9.77%
3 Month-21.9%
6 Month-20.05%
12 Month-23.33%
2 Year68.46%
3 Year19.36%
5 Year24.51%
10 Year68.57%
15 Year18.11%
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)-0.25
RSI(14)26.91
LBB25.38
UBB30.22
FORESTAR GROUP INC
NYSE:FOR (12/20/2024, 8:12:29 PM)
After market: 25.96 0 (0%)25.96
+0.44 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg1.72%
1 Week-6.75%
2 Weeks-8.4%
1 Month-9.77%
3 Month-21.9%
6 Month-20.05%
12 Month-23.33%
2 Year68.46%
3 Year19.36%
5 Year24.51%
10 Year68.57%
15 Year18.11%
Volatility
ATR(14)0.9
ATR(20)%3.64%
ATR Inc5.66%
Range Today0.83
ADR(20)0.9
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.42
Mansfield-2.74
10 Day High28.8
10 Day Low25.33
20 Day High31.19
20 Day Low25.33
52 Week High40.92
52 Week Low25.33
CS1 EndN/A
CR1 Start28.34
Volume & EV
DER(3)-4.78%
DER(5)-3.36%
Volume263.60K
Volume Incr40.27%
Vol(5)182.60K
Vol(50)127.69K