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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 2022-04-29 View latest technical analysis

10 day averaged volume of Forbes Co is 2108

Date Daily Closing Price Open High Low Volume
29 Fri Apr 2022 409.35 405.60 414.90 405.60 0.643 times
28 Thu Apr 2022 408.25 412.90 415.00 405.75 0.475 times
27 Wed Apr 2022 406.30 418.65 418.65 404.00 1.299 times
26 Tue Apr 2022 410.75 396.00 420.05 396.00 1.455 times
25 Mon Apr 2022 399.10 410.00 412.00 395.25 1.118 times
22 Fri Apr 2022 409.85 406.00 415.00 406.00 0.248 times
21 Thu Apr 2022 411.85 413.85 419.75 406.05 0.424 times
20 Wed Apr 2022 408.85 405.05 415.00 402.95 1.411 times
19 Tue Apr 2022 407.35 407.30 415.85 405.30 0.792 times
18 Mon Apr 2022 411.10 415.00 418.80 405.10 1.173 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 406.6 as stoploss in an intra day buy trade for a target of 414.07. However, stock will show a bearish move below 406.6.

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 396.38
Downside Intraday Target 383.42
Upside Intraday Target 421.18
Upside Intraday Target 433.02
Downside Intraday Target 408.22

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
29 Fri Apr 2022 409.35 410.00 420.05 395.25 1.233 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
29 Fri Apr 2022 409.35 407.10 445.00 395.25 0.336 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, 23, 34 Sell
MACD -400, -471Buy
Stochastics 51None
CCI 26Buy
RSI 38Sell
OBV -48384Sell
VWAP 408Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short 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.

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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. Bulls 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 moving up

CCI has generated a buy signal for Forbes Co in short term and BUY signal is strong.

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 407.92 and Forbes Co (ForbesCo) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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Daily charts

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