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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Forestar Group Inc (NYSE:FOR)
Bull Market Weakness (+75) - FOR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FOR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FOR?
MarketClub looks at technical strength and momentum to determine if the timing is right for FOR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FOR
The long-term trend has been UP since Nov 11th, 2022 at 13.9500
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 36.9400
The short-term trend has been UP since May 1st, 2024 at 31.6567
Smart Scan Analysis for FOR
Based on our trend formula, FOR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.08 | 34.54 | 34.06 | 34.49 | +0.69 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.80 | 24119 | 2024-05-09 11:25:31 |
| Year High | 26.39 | Year High Date | 2018-02-02 |
| Year Low | 13.94 | Year Low Date | 2018-11-20 |
| 52wk High | 40.92 | 52wk High Date | 2024-03-28 |
| 52wk Low | 19.32 | 52wk Low Date | 2023-05-30 |
| Year End Close | 17.33 | Average Volume | 304,620 |
| Shares Outstanding | 50,603 | Short Interest | 610,994 |
| % Institutional | 90.8 | Market Cap | 866M |
| Assets | 259,870,000M | Liabilities | 112,680,000M |
| P/E Ratio | 8.408 | Beta | 1.48 |
| Volatility | 48.71 |