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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 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, -296Buy
Stochastics 61None
CCI -8Sell
RSI 47Sell
OBV -17827Sell
VWAP 388Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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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Daily charts

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Daily chart

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