Technical Analysis for FORR - Forrester Research, Inc.

Grade Last Price % Change Price Change
C 16.69 -1.18% -0.20
FORR closed up 2.24 percent on Wednesday, November 20, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Flat

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish -1.18%
NR7 Range Contraction -1.18%
Up 3 Days in a Row Strength -1.18%
50 DMA Resistance Bearish 1.03%
Gapped Down Weakness 1.03%
50 DMA Resistance Bearish 1.77%
Pocket Pivot Bullish Swing Setup 1.77%
Fell Below 50 DMA Bearish 3.73%
50 DMA Support Bullish -0.18%
Calm After Storm Range Contraction -0.18%

   Recent Intraday Alerts

Alert Time
Down 1% less than a minute ago
60 Minute Opening Range Breakdown about 2 hours ago
2x Volume Pace about 3 hours ago
1.5x Volume Pace about 3 hours ago
Rose Above Previous Day's High about 3 hours ago

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Profile

Forrester Research, Inc. Description

Forrester Research, Inc., an independent research company, provides pragmatic and forward-thinking advice to business and technology customers. The company operates through two segments, Business Technology, and Marketing and Strategy. It offers products and services for specific roles, including senior management in business strategy, marketing, and information technology. The company provides RoleView Research, which offers clients with access to its syndicated research designed to inform their strategic decision-making. The RoleView consists of library of cross-linked documents that interconnect the company's reports, data, product rankings, practices, evaluation tools, and research archives, which are provided through role-based Websites. It also offers Forrester Leadership Boards membership for executives and other key employees; and marketing and executive programs and councils addressing issues of interest to the professional roles. In addition, the company provides data products and services, which comprise Consumer Technographics that offers insights into how technology impacts the way consumers select, purchase, use, and communicate about products and services; Forrester's Forrsights, which provides assessments of what motivates businesses to choose certain technologies and vendors; and Forrester's Tech Marketing Navigator, a decision support tool that measures and reports on consumption patterns of influencers for large technology purchases. Further, it offers consulting services to assist clients in developing executing technology and business strategy, informing critical decisions and reducing business risk, and making technology investments; and Website reviews that provide assessments of clients' Websites, Extranets, or Intranets. The company sells its products and services through direct sales force in North America, Europe, Asia, and Australia. Forrester Research, Inc. was founded in 1983 and is headquartered in Cambridge, Massachusetts.


Classification

Sector: Industrials
Industry: Business Services
Keywords: Business Economics B2B Business Technology Decision Support Tool Technology Investments

Is FORR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 27.89
52 Week Low 14.3834
Average Volume 78,160
200-Day Moving Average 18.29
50-Day Moving Average 16.52
20-Day Moving Average 15.80
10-Day Moving Average 16.64
Average True Range 0.73
RSI (14) 57.98
ADX 23.23
+DI 24.54
-DI 19.63
Chandelier Exit (Long, 3 ATRs) 15.45
Chandelier Exit (Short, 3 ATRs) 16.57
Upper Bollinger Bands 17.64
Lower Bollinger Band 13.95
Percent B (%b) 0.8
BandWidth 23.39
MACD Line 0.15
MACD Signal Line -0.01
MACD Histogram 0.1604
Fundamentals Value
Market Cap 324.95 Million
Num Shares 19.2 Million
EPS 0.16
Price-to-Earnings (P/E) Ratio 105.56
Price-to-Sales 0.92
Price-to-Book 1.91
PEG Ratio 1.36
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.60
Resistance 3 (R3) 17.52 17.21 17.48
Resistance 2 (R2) 17.21 17.03 17.25 17.44
Resistance 1 (R1) 17.05 16.92 17.13 17.13 17.40
Pivot Point 16.74 16.74 16.78 16.78 16.74
Support 1 (S1) 16.58 16.56 16.66 16.66 16.38
Support 2 (S2) 16.27 16.45 16.31 16.34
Support 3 (S3) 16.11 16.27 16.30
Support 4 (S4) 16.19