Forestar Group Stock Pattern Recognition Modified Hikkake Pattern

FOR Stock  USD 28.77  0.14  0.48%   
Forestar pattern recognition tool provides the execution environment for running the Modified Hikkake Pattern 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 Modified Hikkake Pattern 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was ten with a total number of output elements of fifty-one. The function did not return any valid pattern recognition events for the selected time horizon. The Modified Hikkake pattern may be used for determining of Forestar Group market turning-points.

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Forestar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Forestar's short interest history, or implied volatility extrapolated from Forestar options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Entertainment Idea
Entertainment
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
FinTech Idea
FinTech
Invested over 40 shares
Cash Cows Idea
Cash Cows
Invested few shares
Social Domain Idea
Social Domain
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested over 50 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 30 shares
Business Services Idea
Business Services
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
ESG Investing Idea
ESG Investing
Invested few shares

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.