- Excellent financial health (Piotroski 7/9)
- Attractive free cash flow ratio of 5.4x
- Bullish trend confirmed on both short and long timeframes
Weaker technical forecast for Forestar Group Inc as stock downgraded to Buy Candidate
(Updated on Jun 05, 2026)
The Forestar Group Inc stock price fell by -1.05% on the last day (Friday, 5th Jun 2026) from $28.48 to $28.18. During the last trading day the stock fluctuated 3.00% from a day low at $28.00 to a day high of $28.84. The price has risen in 6 of the last 10 days and is up by 7.56% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -134 thousand shares and in total, 0 shares were bought and sold for approximately $0 .
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.98% during the next 3 months and, with a 90% probability hold a price between $28.28 and $32.50 at the end of this 3-month period.
FOR Signals & Forecast
The Forestar Group Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.77 and $27.06. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, June 04, 2026, and so far it has fallen -1.05%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Thursday, January 29, 2026 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Thursday, January 29, 2026 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Forestar Group Inc stock
Forestar Group Inc finds support from accumulated volume at $28.12 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.84 between high and low, or 3.00%. For the last week the stock has had daily average volatility of 2.52%
Our recommended stop-loss: $27.09 (-3.88%) (This stock has very low daily movements and this gives very low risk. The RSI14 is 76 and this increases the risk substantially. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (FOR) For The Upcoming Trading Day Of Monday 8th
For the upcoming trading day on Monday, 8th we expect Forestar Group Inc to open at $28.34, and during the day (based on 14 day Average True Range), to move between $27.76 and $28.60, which gives a possible trading interval of +/-$0.84 (+/-3.01%) up or down from last closing price. If Forestar Group Inc takes out the full calculated possible swing range there will be an estimated 3.01% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $28.12 (0.21%) than the resistance at $28.26 (0.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Forestar Group Inc stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Forestar Group Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.
Current score:
3.478
Buy Candidate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on June 8, 2026 - $28.34 ( 0.568%).
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FOR Performance
Trading levels for FOR
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 29.18 | 3.55% |
| R2 | 28.86 | 2.41% |
| R1 | 28.66 | 1.71% |
| Price | 28.18 | |
| S1 | 28.02 | -0.571% |
| S2 | 27.82 | -1.27% |
| S3 | 27.50 | -2.41% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 28.48 | 1.06% |
| R2 | 28.36 | 0.639% |
| R1 | 28.26 | 0.284% |
| Price | 28.18 | |
| S1 | 28.12 | -0.213% |
| S2 | 26.03 | -7.63% |
| S3 | 24.73 | -12.24% |
FAQ
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