(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, -471 | Buy |
| Stochastics | 51 | None |
| CCI | 26 | Buy |
| RSI | 38 | Sell |
| OBV | -48384 | Sell |
| VWAP | 408 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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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