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(ForbesCo) Forbes Co complete technical analysis [charts+indicators] | Buy/Sell Forbes Co | (ForbesCo) share price targets

Complete technical analysis of Forbes Co (ForbesCo) by charts plus indicators, forecast predictions and share price targets for Forbes Co (ForbesCo)

10 day averaged volume of Forbes Co is 8451

Date Daily Closing Price Open High Low Volume
06 Tue Dec 2022 717.65 722.25 734.90 708.00 0.547 times
05 Mon Dec 2022 722.25 716.00 735.80 713.00 2.433 times
02 Fri Dec 2022 719.20 719.00 738.00 712.10 1.928 times
01 Thu Dec 2022 718.30 712.20 725.00 708.05 0.663 times
30 Wed Nov 2022 711.20 704.00 714.00 695.10 0.695 times
29 Tue Nov 2022 703.50 685.05 720.00 671.90 1.039 times
28 Mon Nov 2022 692.70 670.00 708.95 670.00 0.958 times
25 Fri Nov 2022 675.20 697.65 703.40 671.05 0.634 times
24 Thu Nov 2022 686.55 695.00 710.00 681.25 0.393 times
23 Wed Nov 2022 689.50 690.05 700.00 688.05 0.227 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 709.7, but if it comes below 709.7, then a intra day sell could be more profitable.
If you take a sell trade below 709.7, then use 709.7 as stoploss and 691.1 as target. However if you take a buy trade in stock , then use 709.7 as stoploss and 732 as target.

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 390.25
Downside Target 628.80
Downside Target 650.00
Downside Target 670.00
Downside Target 694.40
Upside Target 720.00
Upside Target 735.80
Upside Target 738.00
Upside Target 790.00
Upside Target 824.80
Upside Target 963.60

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 705.17
Downside Intraday Target 692.68
Upside Intraday Target 732.97
Upside Intraday Target 748.28
Upside Intraday Target 720.48

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
06 Tue Dec 2022 717.65 716.00 735.80 708.00 0.564 times
02 Fri Dec 2022 719.20 670.00 738.00 670.00 2.096 times
25 Fri Nov 2022 675.20 697.90 718.00 671.05 0.433 times
18 Fri Nov 2022 682.75 682.05 694.40 650.00 2.787 times
11 Fri Nov 2022 682.00 699.55 707.00 675.50 0.656 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Forbes Co (ForbesCo)

Date Monthly Closing Price Open High Low Volume
06 Tue Dec 2022 717.65 712.20 738.00 708.00 0.351 times
30 Wed Nov 2022 711.20 675.10 720.00 650.00 1.228 times
31 Mon Oct 2022 688.40 768.90 790.00 673.35 0.255 times
30 Fri Sep 2022 754.75 761.00 824.80 628.80 0.292 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Forbes Co (ForbesCo)

Indicator Name Indicator Value Indicator Signal
ADX 20, 7, 48 Buy
MACD 13, 7Buy
Stochastics 73Buy
CCI 77Sell
RSI 62Buy
OBV 20933Sell
VWAP 710Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Forbes Co in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Forbes Co Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Forbes Co in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Forbes Co is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 709.87 and Forbes Co (ForbesCo) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Forbes Co charts

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Daily charts

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Daily chart

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