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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 2022-04-20 View latest technical analysis

10 day averaged volume of Forbes Co is 6484

Date Daily Closing Price Open High Low Volume
20 Wed Apr 2022 408.85 405.05 415.00 402.95 0.459 times
19 Tue Apr 2022 407.35 407.30 415.85 405.30 0.257 times
18 Mon Apr 2022 411.10 415.00 418.80 405.10 0.381 times
13 Wed Apr 2022 416.50 419.70 420.10 410.10 0.522 times
12 Tue Apr 2022 416.90 414.00 419.70 410.20 0.437 times
11 Mon Apr 2022 414.25 415.05 424.75 411.00 0.495 times
08 Fri Apr 2022 415.05 424.35 428.00 412.00 1.204 times
07 Thu Apr 2022 425.95 437.95 437.95 421.00 0.293 times
06 Wed Apr 2022 425.00 428.00 437.95 417.20 0.779 times
05 Tue Apr 2022 427.95 421.05 434.60 415.20 0.76 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 410.7, but if it comes above 410.7, then a intra day buy could be more profitable.
If you take a sell trade below 410.7, then use 410.7 as stoploss and 401 as target. However if you take a buy trade in stock , then use 410.7 as stoploss and 418.74 as target.

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 376.00
Downside Target 401.25
Upside Target 437.95
Upside Target 445.00
Upside Target 459.80
Upside Target 5102.00
Upside Target 5440.05
Upside Target 6486.00
Upside Target 6755.00
Upside Target 6774.00

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 401.6
Downside Intraday Target 394.35
Upside Intraday Target 417.45
Upside Intraday Target 426.05
Upside Intraday Target 410.2

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
20 Wed Apr 2022 408.85 415.00 418.80 402.95 0.755 times
13 Wed Apr 2022 416.50 415.05 424.75 410.10 0.184 times
08 Fri Apr 2022 415.05 419.00 437.95 411.60 1.271 times
01 Fri Apr 2022 426.55 420.50 445.00 401.25 0.815 times
25 Fri Mar 2022 420.50 415.00 444.80 403.00 0.583 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
20 Wed Apr 2022 408.85 407.10 445.00 402.95 0.291 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
31 Mon Jan 2022 6069.65 6231.00 6774.00 5440.05 0.609 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 11, 31, 47 Sell
MACD -563, -662Buy
Stochastics 13Sell
CCI -103Sell
RSI 40Sell
OBV -27439Sell
VWAP 418Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short 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 short 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 short to mid term time period is

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up 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 417.84 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.

Click here for Forbes Co charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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