Forrester Research Stock Technical Analysis

FORR Stock  USD 18.61  0.08  0.43%   
As of the 18th of April 2024, Forrester Research shows the Standard Deviation of 2.97, mean deviation of 2.26, and Variance of 8.85. Forrester Research technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Forrester Research, which can be compared to its peers. Please confirm Forrester Research market risk adjusted performance and treynor ratio to decide if Forrester Research is priced favorably, providing market reflects its regular price of 18.61 per share. Given that Forrester Research has information ratio of (0.18), we urge you to verify Forrester Research's prevailing market performance to make sure the company can sustain itself at a future point.

Forrester Research Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Forrester, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Forrester
  
Forrester Research's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Forrester Research Analyst Consensus

Target PriceAdvice# of Analysts
36.5Hold2Odds
Forrester Research current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Forrester analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Forrester stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Forrester Research, talking to its executives and customers, or listening to Forrester conference calls.
Forrester Analyst Advice Details
Forrester Research technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Forrester Research technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Forrester Research trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Forrester Research Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Forrester Research volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Forrester Research Trend Analysis

Use this graph to draw trend lines for Forrester Research. You can use it to identify possible trend reversals for Forrester Research as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Forrester Research price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Forrester Research Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Forrester Research applied against its price change over selected period. The best fit line has a slop of   0.1  , which may suggest that Forrester Research market price will keep on failing further. It has 122 observation points and a regression sum of squares at 356.92, which is the sum of squared deviations for the predicted Forrester Research price change compared to its average price change.

About Forrester Research Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Forrester Research on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Forrester Research based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Forrester Research price pattern first instead of the macroeconomic environment surrounding Forrester Research. By analyzing Forrester Research's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Forrester Research's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Forrester Research specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.02060.0287
Price To Sales Ratio1.071.02

Forrester Research April 18, 2024 Technical Indicators

Most technical analysis of Forrester 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 Forrester from various momentum indicators to cycle indicators. When you analyze Forrester charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Forrester Research April 18, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Forrester stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Forrester Research is a strong investment it is important to analyze Forrester Research's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forrester Research's future performance. For an informed investment choice regarding Forrester Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forrester Research. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Forrester Stock, please use our How to Invest in Forrester Research guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Forrester Stock analysis

When running Forrester Research's price analysis, check to measure Forrester Research'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 Forrester Research is operating at the current time. Most of Forrester Research's value examination focuses on studying past and present price action to predict the probability of Forrester Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forrester Research's price. Additionally, you may evaluate how the addition of Forrester Research to your portfolios can decrease your overall portfolio volatility.
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Is Forrester Research's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forrester Research. If investors know Forrester will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forrester Research listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.54)
Earnings Share
0.16
Revenue Per Share
25.063
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0214
The market value of Forrester Research is measured differently than its book value, which is the value of Forrester that is recorded on the company's balance sheet. Investors also form their own opinion of Forrester Research's value that differs from its market value or its book value, called intrinsic value, which is Forrester Research's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forrester Research's market value can be influenced by many factors that don't directly affect Forrester Research's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forrester Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forrester Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forrester Research's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.