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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 2021-11-29 View latest technical analysis

10 day averaged volume of Forbes Co is 2390

Date Daily Closing Price Open High Low Volume
29 Mon Nov 2021 5199.50 5664.00 5664.00 5191.00 0.635 times
26 Fri Nov 2021 5400.50 5353.95 5440.00 5200.00 1.405 times
25 Thu Nov 2021 5408.05 5341.15 5425.00 5287.75 0.208 times
24 Wed Nov 2021 5395.10 5330.00 5439.95 5202.20 1.38 times
23 Tue Nov 2021 5240.00 5144.90 5250.00 4937.05 2.079 times
22 Mon Nov 2021 5196.85 5570.00 5570.00 5196.85 0.842 times
18 Thu Nov 2021 5470.35 5624.00 5625.00 5410.00 0.577 times
17 Wed Nov 2021 5519.85 5575.00 5629.95 5500.05 0.461 times
16 Tue Nov 2021 5559.05 5600.00 5650.00 5481.80 0.503 times
15 Mon Nov 2021 5593.10 5337.00 5600.00 5337.00 1.904 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5266.2, but if it comes above 5266.2, then a intra day buy could be more profitable.
If you take a sell trade below 5266.2, then use 5266.2 as stoploss and 5109.3 as target. However if you take a buy trade in stock , then use 5266.2 as stoploss and 5396.91 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 4937.05
Downside Target 5152.10
Upside Target 5337.00
Upside Target 5570.00
Upside Target 5650.00
Upside Target 5664.00
Upside Target 5787.00
Upside Target 6002.95

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 5039
Downside Intraday Target 4878.5
Upside Intraday Target 5512
Upside Intraday Target 5824.5
Upside Intraday Target 5351.5

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
29 Mon Nov 2021 5199.50 5664.00 5664.00 5191.00 0.107 times
26 Fri Nov 2021 5400.50 5570.00 5570.00 4937.05 1.717 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

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
29 Mon Nov 2021 5199.50 5700.00 5787.00 4937.05 0.316 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 26, 22, 8 Buy
MACD 336, 417Sell
Stochastics 56None
CCI -31Buy
RSI 53Buy
OBV -40731Sell
VWAP 5391Sell
ADL 0Sell
ROC -4Sell
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 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 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 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 tired and bears are picking up momentum.

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 buy signal for Forbes Co in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 5390.81 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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