(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 2021-11-22 View latest technical analysis
10 day averaged volume of Forbes Co is 2591
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Nov 2021 | 5196.85 | 5570.00 | 5570.00 | 5196.85 | 0.777 times |
| 18 Thu Nov 2021 | 5470.35 | 5624.00 | 5625.00 | 5410.00 | 0.532 times |
| 17 Wed Nov 2021 | 5519.85 | 5575.00 | 5629.95 | 5500.05 | 0.425 times |
| 16 Tue Nov 2021 | 5559.05 | 5600.00 | 5650.00 | 5481.80 | 0.464 times |
| 15 Mon Nov 2021 | 5593.10 | 5337.00 | 5600.00 | 5337.00 | 1.756 times |
| 12 Fri Nov 2021 | 5390.90 | 5350.25 | 5435.00 | 5347.00 | 0.59 times |
| 11 Thu Nov 2021 | 5330.25 | 5300.00 | 5400.00 | 5300.00 | 0.638 times |
| 10 Wed Nov 2021 | 5300.50 | 5290.00 | 5385.00 | 5277.80 | 0.832 times |
| 09 Tue Nov 2021 | 5305.25 | 5230.00 | 5385.00 | 5200.00 | 1.39 times |
| 08 Mon Nov 2021 | 5227.85 | 5600.00 | 5600.00 | 5223.50 | 2.829 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5223.6, but if it comes above 5223.6, then a intra day buy could be more profitable.
If you take a sell trade below 5223.6, then use 5223.6 as stoploss and 4994.2 as target. However if you take a buy trade in stock , then use 5223.6 as stoploss and 5414.69 as target.
Share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Target | 2481.10 |
| Downside Target | 2648.50 |
| Downside Target | 3235.05 |
| Downside Target | 3419.00 |
| Downside Target | 4043.00 |
| Downside Target | 4450.00 |
| Downside Target | 5050.00 |
| Downside Target | 5152.10 |
| Upside Target | 5337.00 |
| Upside Target | 5570.00 |
| Upside Target | 5650.00 |
| Upside Target | 5787.00 |
| Upside Target | 6002.95 |
Intraday share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Intraday Target | 5072.47 |
| Downside Intraday Target | 4948.08 |
| Upside Intraday Target | 5445.62 |
| Upside Intraday Target | 5694.38 |
| Upside Intraday Target | 5321.23 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Nov 2021 | 5196.85 | 5570.00 | 5570.00 | 5196.85 | 0.245 times |
| 18 Thu Nov 2021 | 5470.35 | 5337.00 | 5650.00 | 5337.00 | 0.506 times |
| 12 Fri Nov 2021 | 5390.90 | 5600.00 | 5600.00 | 5200.00 | 0.676 times |
| 04 Thu Nov 2021 | 5498.40 | 5700.00 | 5787.00 | 5152.10 | 0.535 times |
| 29 Fri Oct 2021 | 5698.80 | 5097.70 | 6002.95 | 5050.00 | 0.687 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 |
| 22 Mon Nov 2021 | 5196.85 | 5700.00 | 5787.00 | 5152.10 | 0.249 times |
| 29 Fri Oct 2021 | 5698.80 | 4043.00 | 6002.95 | 4043.00 | 0.515 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 |
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 | 22, 23, 3 | Sell |
| MACD | 471, 547 | Sell |
| Stochastics | 44 | None |
| CCI | -67 | Sell |
| RSI | 57 | Buy |
| OBV | -9334 | Sell |
| VWAP | 5360 | Sell |
| 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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. Bears 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Forbes Co is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5360.14 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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