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Bearish Two Hundred Day Moving Average Cross - FOR

By Market News Video Staff, Monday, April 18, 1:31 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Monday, shares of Forestar Group Inc (NYSE:FOR) crossed below their 200 day moving average of $17.62, changing hands as low as $17.61 per share. Forestar Group Inc shares are currently trading down about 3% on the day. The chart below shows the one year performance of FOR shares, versus its 200 day moving average:

Forestar Group Inc 200 Day Moving Average Chart

Looking at the chart above, FOR's low point in its 52 week range is $13.21 per share, with $23.54 as the 52 week high point — that compares with a last trade of $17.69.

According to the ETF Finder at ETF Channel, FOR makes up 3.98% of the Guggenheim Spin-Off ETF (AMEX:CSD) which is trading lower by about 1.6% on the day Monday.

     See what other ETFs contain FOR »
     See what other stocks are held by CSD »

FOR operates in the Real Estate sector, among companies like Griffin Land & Nurseries, Inc. (NASDAQ:GRIF) which is down about 5% today, and Consolidated-Tomoka Land Co. (AMEX:CTO) trading lower by about 1.6%. Below is a three month price history chart comparing the stock performance of FOR, versus GRIF and CTO.

FOR,GRIF,CTO Relative Performance Chart


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