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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 2022-04-26 View latest technical analysis

10 day averaged volume of Forbes Co is 2812

Date Daily Closing Price Open High Low Volume
26 Tue Apr 2022 410.75 396.00 420.05 396.00 1.091 times
25 Mon Apr 2022 399.10 410.00 412.00 395.25 0.838 times
22 Fri Apr 2022 409.85 406.00 415.00 406.00 0.186 times
21 Thu Apr 2022 411.85 413.85 419.75 406.05 0.318 times
20 Wed Apr 2022 408.85 405.05 415.00 402.95 1.058 times
19 Tue Apr 2022 407.35 407.30 415.85 405.30 0.594 times
18 Mon Apr 2022 411.10 415.00 418.80 405.10 0.879 times
13 Wed Apr 2022 416.50 419.70 420.10 410.10 1.203 times
12 Tue Apr 2022 416.90 414.00 419.70 410.20 1.008 times
11 Mon Apr 2022 414.25 415.05 424.75 411.00 1.14 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 407.3 as stoploss in an intra day buy trade for a target of 414.81. However, stock will show a bearish move below 407.3.

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 376.00
Downside Target 395.25
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 397.32
Downside Intraday Target 383.88
Upside Intraday Target 422.12
Upside Intraday Target 433.48
Downside Intraday Target 408.68

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
26 Tue Apr 2022 410.75 410.00 420.05 395.25 0.636 times
22 Fri Apr 2022 409.85 415.00 419.75 402.95 0.905 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

Price has moved up 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
26 Tue Apr 2022 410.75 407.10 445.00 395.25 0.317 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 up 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 13, 27, 34 Sell
MACD -464, -545Buy
Stochastics 28Sell
CCI -46Buy
RSI 40Sell
OBV -51429Sell
VWAP 411Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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

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 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 losing 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Forbes Co in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 411.21 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

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Daily charts

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