(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 2021-10-18 View latest technical analysis
10 day averaged volume of Forbes Co is 9300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Oct 2021 | 4612.05 | 4392.00 | 4612.05 | 4311.05 | 2.481 times |
| 14 Thu Oct 2021 | 4392.45 | 4400.05 | 4439.40 | 4218.00 | 0.581 times |
| 13 Wed Oct 2021 | 4347.55 | 4203.10 | 4380.05 | 4203.10 | 0.856 times |
| 12 Tue Oct 2021 | 4242.75 | 4397.05 | 4400.00 | 4200.00 | 0.412 times |
| 11 Mon Oct 2021 | 4392.45 | 4401.00 | 4469.00 | 4382.10 | 0.363 times |
| 08 Fri Oct 2021 | 4400.70 | 4440.00 | 4449.95 | 4377.00 | 0.229 times |
| 07 Thu Oct 2021 | 4409.95 | 4479.95 | 4495.00 | 4380.00 | 0.28 times |
| 06 Wed Oct 2021 | 4383.75 | 4440.85 | 4500.00 | 4300.40 | 0.758 times |
| 05 Tue Oct 2021 | 4439.85 | 4436.90 | 4491.00 | 4302.00 | 1.029 times |
| 04 Mon Oct 2021 | 4367.60 | 4305.00 | 4474.80 | 4260.00 | 2.023 times |
Stock of Forbes Co (ForbesCo) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 4583.2, for a target of 4436.4 or 4313.99
Share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Target | 1728.00 |
| Downside Target | 2481.10 |
| Downside Target | 2600.00 |
| Downside Target | 3235.05 |
| Downside Target | 3419.00 |
| Downside Target | 4000.00 |
| Downside Target | 4200.00 |
| Downside Target | 4450.00 |
| Downside Target | 4469.00 |
| Downside Target | 4500.00 |
| Downside Target | 4612.05 |
Intraday share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Intraday Target | 4411.38 |
| Downside Intraday Target | 4210.72 |
| Upside Intraday Target | 4712.38 |
| Upside Intraday Target | 4812.72 |
| Downside Intraday Target | 4511.72 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Oct 2021 | 4612.05 | 4392.00 | 4612.05 | 4311.05 | 1.121 times |
| 14 Thu Oct 2021 | 4392.45 | 4401.00 | 4469.00 | 4200.00 | 0.512 times |
| 08 Fri Oct 2021 | 4400.70 | 4305.00 | 4500.00 | 4260.00 | 0.545 times |
| 01 Fri Oct 2021 | 4354.50 | 4200.00 | 4357.40 | 4043.00 | 0.443 times |
| 24 Fri Sep 2021 | 4255.10 | 4184.35 | 4450.00 | 4000.00 | 2.485 times |
Price has moved up 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 Mon Oct 2021 | 4612.05 | 4043.00 | 4612.05 | 4043.00 | 0.294 times |
| 30 Thu Sep 2021 | 4149.95 | 3385.00 | 4450.00 | 3235.05 | 3.161 times |
| 31 Tue Aug 2021 | 3368.75 | 3071.55 | 3419.00 | 2648.50 | 0.784 times |
| 30 Fri Jul 2021 | 3071.50 | 2559.05 | 3282.60 | 2481.10 | 1.223 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 | 26, 11, 41 | Buy |
| MACD | 414, 432 | Sell |
| Stochastics | 81 | Buy |
| CCI | 170 | Buy |
| RSI | 64 | Buy |
| OBV | 209347 | Sell |
| VWAP | 4442 | Buy |
| ADL | 0 | Sell |
| ROC | 6 | Buy |
| Force Index | 0 | Sell |
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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Forbes Co in short term but the sell signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Forbes Co in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 4441.65 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.
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