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Stock Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
Forrester Research, Inc. (NASDAQ:FORR)
Long-Term Downtrend (-90) - FORR is in a strong downtrend that is likely to continue. While FORR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FORR?
MarketClub looks at technical strength and momentum to determine if the timing is right for FORR.
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 FORR
The long-term trend has been DOWN since Feb 10th, 2022 at 52.66
The intermediate-term trend has been DOWN since Feb 10th, 2023 at 36.05
The short-term trend has been DOWN since Mar 30th, 2023 at 32.02
Smart Scan Analysis for FORR
Based on our trend formula, FORR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.18 | 32.34 | 31.74 | 32.34 | +0.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.83 | 45813 | 2023-03-31 15:59:14 |
| Year High | 50 | Year High Date | 2018-08-27 |
| Year Low | 36.19 | Year Low Date | 2018-10-25 |
| 52wk High | 59.56 | 52wk High Date | 2022-04-21 |
| 52wk Low | 30.285 | 52wk Low Date | 2023-02-10 |
| Year End Close | 26.8 | Average Volume | 86,616 |
| Shares Outstanding | 19,191 | Short Interest | 476,669 |
| % Institutional | 64.3 | Market Cap | 663M |
| Assets | 608,438,000M | Liabilities | 386,782,000M |
| P/E Ratio | 27.9211 | Beta | 0.63 |
| Volatility | 41.93 |