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Forestar Group Shares Up 42.8% Since SmarTrend's Buy Recommendation (FOR)

By Amy Schwartz

SmarTrend identified an Uptrend for Forestar Group (NYSE:FOR) on November 10th, 2016 at $12.15. In approximately 8 months, Forestar Group has returned 42.80% as of today's recent price of $17.35.

In the past 52 weeks, Forestar Group share prices have been bracketed by a low of $10.60 and a high of $17.77 and are now at $17.35, 64% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.5%.

Forestar Group, Inc. invests in real estate, oil and natural gas producing properties, and forested land. The Company develops residential and mixed-use communities, receives royalties from oil and natural gas producing properties in the southern United States, and sells wood fiber from its forests.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Forestar Group shares.

Log in and add Forestar Group (FOR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights forestar group

Ticker(s): FOR