Forrester Research Technical Analysis (NASDAQ:FORR)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Forrester Research stock price data and volume are plotted in FORR stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Forrester Research. The technical analysis form of Forrester Research stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Forrester Research Moving Average
Moving averages show the FORR stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Forrester Research are mostly signals of long term trends and will help long term traders.
Forrester Research Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Forrester Research. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Forrester Research bollinger bands show that the stock price is $42.45, upper band is 44.52, lower band is 41.74, and the average is 43.13.
Forrester Research Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Forrester Research MACD line is above the signal line.
Forrester Research Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of FORR stock is 53.76.