Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-05-02 View latest technical analysis

10 day averaged volume of Forbes Co is 1905

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 414.30 428.90 428.90 406.00 1.882 times
29 Fri Apr 2022 409.35 405.60 414.90 405.60 0.711 times
28 Thu Apr 2022 408.25 412.90 415.00 405.75 0.526 times
27 Wed Apr 2022 406.30 418.65 418.65 404.00 1.437 times
26 Tue Apr 2022 410.75 396.00 420.05 396.00 1.61 times
25 Mon Apr 2022 399.10 410.00 412.00 395.25 1.237 times
22 Fri Apr 2022 409.85 406.00 415.00 406.00 0.275 times
21 Thu Apr 2022 411.85 413.85 419.75 406.05 0.469 times
20 Wed Apr 2022 408.85 405.05 415.00 402.95 1.562 times
19 Tue Apr 2022 407.35 407.30 415.85 405.30 0.876 times

My analysis of stock is bullish for shortterm, and stock might move up till 421.7 or till 430.7. Use a stoploss of 414.26 and if this stock hits its stoploss, then it can fall down till 406.79

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 376.00
Downside Target 395.25
Upside Target 424.75
Upside Target 428.90
Upside Target 437.95
Upside Target 445.00
Upside Target 459.80
Upside Target 5440.05
Upside Target 6755.00
Upside Target 6774.00

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 403.9
Downside Intraday Target 393.5
Upside Intraday Target 426.8
Upside Intraday Target 439.3
Upside Intraday Target 416.4

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 414.30 428.90 428.90 406.00 0.341 times
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

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
02 Mon May 2022 414.30 428.90 428.90 406.00 0.04 times
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

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 17, 20, 8 Sell
MACD -380, -448Buy
Stochastics 55None
CCI 220Buy
RSI 36Sell
OBV -37128Sell
VWAP 409Buy
ADL 0Sell
ROC 1Buy
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Forbes Co stock for short term is SELL. Signal strength is Weak 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 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 positive zone. This is a BUY 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 408.66 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 rising upwards.

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 is giving positive 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme