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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 2021-08-23 View latest technical analysis

10 day averaged volume of Forbes Co is 6193

Date Daily Closing Price Open High Low Volume
23 Mon Aug 2021 2935.45 3077.00 3087.75 2860.00 1.857 times
20 Fri Aug 2021 3000.85 2874.90 3075.00 2829.90 1.369 times
18 Wed Aug 2021 2878.50 2980.85 2980.85 2794.50 1.542 times
17 Tue Aug 2021 2905.95 3020.05 3049.00 2850.00 0.979 times
16 Mon Aug 2021 3001.00 3030.00 3149.90 2990.15 0.281 times
13 Fri Aug 2021 3075.70 3163.55 3200.00 3050.00 0.836 times
12 Thu Aug 2021 3101.50 2998.10 3150.00 2998.10 0.81 times
11 Wed Aug 2021 2976.95 2870.05 2990.00 2776.00 0.99 times
10 Tue Aug 2021 2930.95 2960.15 3100.00 2648.50 1.987 times
09 Mon Aug 2021 2939.50 3122.25 3169.40 2910.10 0.421 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2933.9 as stoploss in an intra day buy trade for a target of 3016.24. However, stock will show a bearish move below 2933.9.

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 2860.00
Upside Target 3000.00
Upside Target 3087.75
Upside Target 3149.90
Upside Target 3200.00
Upside Target 3282.60

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 2834.38
Downside Intraday Target 2733.32
Upside Intraday Target 3062.13
Upside Intraday Target 3188.82
Upside Intraday Target 2961.07

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
23 Mon Aug 2021 2935.45 3077.00 3087.75 2860.00 0.445 times
20 Fri Aug 2021 3000.85 3030.00 3149.90 2794.50 0.827 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

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
23 Mon Aug 2021 2935.45 3071.55 3200.00 2648.50 0.503 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 20, 20, 1 Sell
MACD 161, 205Sell
Stochastics 53None
CCI -20Sell
RSI 58Buy
OBV -9621Sell
VWAP 2960Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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 stronger in this stock.

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 2960.45 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.

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Daily charts

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