(ForbesCo) Forbes Co Renko charts technical analysis
(ForbesCo) Forbes Co Renko charts technical analysis Renko analysis of Forbes Co | Buy/Sell Forbes Co
10 day averaged volume of Forbes Co is 9050
| Date | Closing Price | Open | High | Low | Volume |
| 08 Thu Dec 2022 | 673.10 | 686.10 | 699.30 | 668.00 | 0.007 Mn |
| 07 Wed Dec 2022 | 685.00 | 732.00 | 732.00 | 680.00 | 0.012 Mn |
| 06 Tue Dec 2022 | 717.65 | 722.25 | 734.90 | 708.00 | 0.005 Mn |
| 05 Mon Dec 2022 | 722.25 | 716.00 | 735.80 | 713.00 | 0.021 Mn |
| 02 Fri Dec 2022 | 719.20 | 719.00 | 738.00 | 712.10 | 0.016 Mn |
| 01 Thu Dec 2022 | 718.30 | 712.20 | 725.00 | 708.05 | 0.006 Mn |
| 30 Wed Nov 2022 | 711.20 | 704.00 | 714.00 | 695.10 | 0.006 Mn |
| 29 Tue Nov 2022 | 703.50 | 685.05 | 720.00 | 671.90 | 0.009 Mn |
| 28 Mon Nov 2022 | 692.70 | 670.00 | 708.95 | 670.00 | 0.008 Mn |
| 25 Fri Nov 2022 | 675.20 | 697.65 | 703.40 | 671.05 | 0.005 Mn |
Indicators analysis of Forbes Co (ForbesCo)
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Forbes Co ( (ForbesCo) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Forbes Co stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Forbes Co in short term but the sell signal is initial and weak.
Forbes Co Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Forbes Co in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Forbes Co is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 705.13 and Forbes Co (ForbesCo) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Forbes Co (ForbesCo) stock. Volume based technical analysis of Forbes Co (ForbesCo) stock is negative.
Forbes Co Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Renko charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 14, 17, 9 | Sell |
| MACD | 5, 7 | Sell |
| Stochastics | 33 | None |
| CCI | -115 | Sell |
| RSI | 55 | Buy |
| OBV | 10084 | Sell |
| VWAP | 705 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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