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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 2022-04-28 View latest technical analysis

10 day averaged volume of Forbes Co is 2291

Date Daily Closing Price Open High Low Volume
28 Thu Apr 2022 408.25 412.90 415.00 405.75 0.437 times
27 Wed Apr 2022 406.30 418.65 418.65 404.00 1.195 times
26 Tue Apr 2022 410.75 396.00 420.05 396.00 1.339 times
25 Mon Apr 2022 399.10 410.00 412.00 395.25 1.028 times
22 Fri Apr 2022 409.85 406.00 415.00 406.00 0.228 times
21 Thu Apr 2022 411.85 413.85 419.75 406.05 0.39 times
20 Wed Apr 2022 408.85 405.05 415.00 402.95 1.299 times
19 Tue Apr 2022 407.35 407.30 415.85 405.30 0.729 times
18 Mon Apr 2022 411.10 415.00 418.80 405.10 1.079 times
13 Wed Apr 2022 416.50 419.70 420.10 410.10 1.476 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 406.7 as stoploss in an intra day buy trade for a target of 414.14. However, stock will show a bearish move below 406.7.

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 395.65
Downside Intraday Target 383.05
Upside Intraday Target 420.45
Upside Intraday Target 432.65
Downside Intraday Target 407.85

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
28 Thu Apr 2022 408.25 410.00 420.05 395.25 1.074 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 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
28 Thu Apr 2022 408.25 407.10 445.00 395.25 0.331 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 12, 24, 34 Sell
MACD -420, -495Buy
Stochastics 50None
CCI -7Buy
RSI 40Sell
OBV -41269Sell
VWAP 409Sell
ADL 0Sell
ROC -2Sell
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 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 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. 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

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 409.2 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 negative.

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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