(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 3912
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 388.75 | 392.00 | 403.80 | 375.00 | 0.585 times |
| 13 Fri May 2022 | 395.85 | 400.05 | 409.50 | 380.10 | 0.565 times |
| 12 Thu May 2022 | 387.30 | 350.05 | 394.80 | 331.00 | 1.851 times |
| 11 Wed May 2022 | 360.40 | 379.85 | 399.70 | 342.05 | 1.538 times |
| 10 Tue May 2022 | 376.50 | 381.00 | 390.05 | 353.05 | 0.341 times |
| 09 Mon May 2022 | 377.80 | 401.00 | 401.00 | 375.00 | 1.941 times |
| 06 Fri May 2022 | 394.65 | 409.60 | 409.60 | 383.25 | 0.816 times |
| 05 Thu May 2022 | 401.00 | 406.05 | 414.95 | 395.25 | 0.98 times |
| 04 Wed May 2022 | 410.80 | 406.55 | 420.05 | 406.55 | 0.706 times |
| 02 Mon May 2022 | 414.30 | 428.90 | 428.90 | 406.00 | 0.917 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 385.2 as stoploss in an intra day buy trade for a target of 399.51. However, stock will show a bearish move below 385.2.
Share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Target | 331.00 |
| Downside Target | 375.00 |
| Upside Target | 395.25 |
| Upside Target | 419.75 |
| Upside Target | 420.05 |
| Upside Target | 428.90 |
| Upside Target | 445.00 |
| Upside Target | 459.80 |
| Upside Target | 5440.05 |
| Upside Target | 6755.00 |
| Upside Target | 6774.00 |
Intraday share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Intraday Target | 374.57 |
| Downside Intraday Target | 360.38 |
| Upside Intraday Target | 403.37 |
| Upside Intraday Target | 417.98 |
| Upside Intraday Target | 389.18 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 388.75 | 392.00 | 403.80 | 375.00 | 0.094 times |
| 13 Fri May 2022 | 395.85 | 401.00 | 409.50 | 331.00 | 1.824 times |
| 06 Fri May 2022 | 394.65 | 428.90 | 428.90 | 383.25 | 1.272 times |
| 29 Fri Apr 2022 | 409.35 | 410.00 | 420.05 | 395.25 | 1.233 times |
| 22 Fri Apr 2022 | 409.85 | 415.00 | 419.75 | 402.95 | 0.905 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 |
| 16 Mon May 2022 | 388.75 | 428.90 | 428.90 | 331.00 | 0.45 times |
| 29 Fri Apr 2022 | 409.35 | 407.10 | 445.00 | 395.25 | 0.336 times |
| 31 Thu Mar 2022 | 410.40 | 439.00 | 459.80 | 381.00 | 0.609 times |
| 28 Mon Feb 2022 | 439.65 | 6373.10 | 6755.00 | 376.00 | 14.909 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 | 9, 23, 45 | Sell |
| MACD | -254, -296 | Buy |
| Stochastics | 61 | None |
| CCI | -8 | Sell |
| RSI | 47 | Sell |
| OBV | -17827 | Sell |
| VWAP | 388 | Buy |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Forbes Co in short term but the buy 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 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 SELL signal in short term but selling is losing 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 387.59 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 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.
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