Forestar Group Stock Pattern Recognition Hammer

FOR Stock  USD 28.77  0.14  0.48%   
Forestar pattern recognition tool provides the execution environment for running the Hammer recognition and other technical functions against Forestar. Forestar value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Hammer recognition function is designed to identify and follow existing trends. Forestar momentum indicators are usually used to generate trading rules based on assumptions that Forestar trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of three valid pattern recognition events for the selected time horizon. The Hammer describes Forestar bullish reversal pattern.

Forestar Technical Analysis Modules

Most technical analysis of Forestar help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Forestar from various momentum indicators to cycle indicators. When you analyze Forestar charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Forestar Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Forestar Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Forestar Group based on widely used predictive technical indicators. In general, we focus on analyzing Forestar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Forestar's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Forestar's intrinsic value. In addition to deriving basic predictive indicators for Forestar, we also check how macroeconomic factors affect Forestar price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2020 2021 (projected)
Days Sales Outstanding0.32.74
PTB Ratio0.90.47
Hype
Prediction
LowEstimatedHigh
27.0928.7730.45
Details
Intrinsic
Valuation
LowRealHigh
23.6625.3431.65
Details
Naive
Forecast
LowNextHigh
25.5627.2428.92
Details
4 Analysts
Consensus
LowTargetHigh
28.5131.3334.78
Details

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Additional Tools for Forestar Stock Analysis

When running Forestar's price analysis, check to measure Forestar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forestar is operating at the current time. Most of Forestar's value examination focuses on studying past and present price action to predict the probability of Forestar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forestar's price. Additionally, you may evaluate how the addition of Forestar to your portfolios can decrease your overall portfolio volatility.