Forestar Group Inc

FOR remains in a Stage 2 advancing regime with HH/HL intact, and while a Bullish Exhaustion pattern signals waning momentum, price is finding support in a pullback into rising EMAs. Medium-term bias stays bullish, and short-term timing favors buying the retracement into the 9/21 EMA zone. Execution is warranted now on this pullback, with risk defined by a deeper break below the 50 DMA.

• ↑Record $2.3B backlog supports delivering 14K–14.5K lots in fiscal 2026.
• ↑Q2 2026 revenue rose 7% YoY to $374.3M.
• ↓Affordability constraints and cautious sentiment risk curbing lot sales.