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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)

Showing technical analysis as on 2021-08-18 View latest technical analysis

10 day averaged volume of Forbes Co is 4729

Date Daily Closing Price Open High Low Volume
18 Wed Aug 2021 2878.50 2980.85 2980.85 2794.50 2.02 times
17 Tue Aug 2021 2905.95 3020.05 3049.00 2850.00 1.282 times
16 Mon Aug 2021 3001.00 3030.00 3149.90 2990.15 0.368 times
13 Fri Aug 2021 3075.70 3163.55 3200.00 3050.00 1.095 times
12 Thu Aug 2021 3101.50 2998.10 3150.00 2998.10 1.06 times
11 Wed Aug 2021 2976.95 2870.05 2990.00 2776.00 1.297 times
10 Tue Aug 2021 2930.95 2960.15 3100.00 2648.50 2.602 times
09 Mon Aug 2021 2939.50 3122.25 3169.40 2910.10 0.551 times
06 Fri Aug 2021 3098.45 2929.95 3189.95 2921.55 1.026 times
05 Thu Aug 2021 2960.95 2931.55 3000.05 2875.00 0.396 times

Stock of Forbes Co (ForbesCo) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2925.7, but if it comes above 2925.7, then a intra day buy could be more profitable.
If you take a sell trade below 2925.7, then use 2925.7 as stoploss and 2819.2 as target. However if you take a buy trade in stock , then use 2925.7 as stoploss and 3014.5 as target.

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 1565.00
Downside Target 1624.90
Downside Target 1728.00
Downside Target 1849.00
Downside Target 1971.00
Downside Target 2481.10
Downside Target 2600.00
Downside Target 2794.50
Downside Target 2875.00
Upside Target 3000.00
Upside Target 3135.00
Upside Target 3200.00
Upside Target 3282.60

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 2732.03
Downside Intraday Target 2585.57
Upside Intraday Target 3087.43
Upside Intraday Target 3296.37
Upside Intraday Target 2940.97

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
18 Wed Aug 2021 2878.50 3030.00 3149.90 2794.50 0.556 times
13 Fri Aug 2021 3075.70 3122.25 3200.00 2648.50 2.663 times
06 Fri Aug 2021 3098.45 3071.55 3189.95 2875.00 0.783 times
30 Fri Jul 2021 3071.50 3200.00 3282.60 3000.00 0.664 times
23 Fri Jul 2021 3051.60 3002.00 3135.00 2699.65 0.378 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
18 Wed Aug 2021 2878.50 3071.55 3200.00 2648.50 0.378 times
30 Fri Jul 2021 3071.50 2559.05 3282.60 2481.10 1.223 times
30 Wed Jun 2021 2508.85 1750.00 2600.00 1728.00 2.854 times
31 Mon May 2021 1737.75 1690.00 1849.00 1624.90 1.444 times

Scroll below to view daily charts

Price has moved down 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 19, 26, 15 Sell
MACD 181, 233Sell
Stochastics 51None
CCI -93Sell
RSI 57Buy
OBV -6961Sell
VWAP 2972Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short to mid 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.

Price action analysis of Forbes Co ( (ForbesCo) ) based on a mid to longer 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.

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. 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 and SELL signal is strong!

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 2971.58 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 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

Click here for further forecast and predictions for tomorrow

Daily charts

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