Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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.

NASDAQ_FORR
Open High Low FORR Price Change
18.850 18.855 18.370 18.690 -0.280
Entry Signal

MarketClub’s Trade Triangles for FORR

long term down The long-term trend has been DOWN since Feb 10th, 2022 at 52.66

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 20.06

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 20.70

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).

-90
Smart Scan Analysis for FORR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.850 18.855 18.370 18.690 -0.280
Prev. Close Volume Bid Ask Time
18.970 84023 2024-04-24 15:59:43
Year High50Year High Date2018-08-27
Year Low36.19Year Low Date2018-10-25
52wk High32.952wk High Date2023-04-25
52wk Low18.29552wk Low Date2024-04-18
Year End Close26.8Average Volume107,748
Shares Outstanding19,239Short Interest476,669
% Institutional64.3Market Cap663M
Assets564,174,000MLiabilities323,909,000M
P/E Ratio118.5625Beta0.63
Volatility41.93
Get a free daily analysis and signals for Forrester Research, Inc. (FORR) - Request Your Free Report.