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Forrester Resear Shares Down 20.8% Since SmarTrend's Sell Call (FORR)

By Amy Schwartz

SmarTrend identified a Downtrend for Forrester Resear (NASDAQ:FORR) on August 1st, 2019 at $45.15. In approximately 1 month, Forrester Resear has returned 20.82% as of today's recent price of $35.75.

Forrester Resear share prices have moved between a 52-week high of $51.75 and a 52-week low of $31.77 and are now trading 13% above that low price at $35.82 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 2.3%.

Forrester Research, Inc. is an independent research firm that analyzes the future of technology change and its impact on businesses, consumers, and society. The Company's research products include internet commerce, corporate technology, and technographics data and analysis. Forrester advisory services include partnership programs, web site review, and strategy workshops.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Forrester Resear.

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

Keywords: spotlights forrester resear

Ticker(s): FORR