(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 2022-05-04 View latest technical analysis
10 day averaged volume of Forbes Co is 2016
|Date||Daily Closing Price||Open||High||Low||Volume|
|04 Wed May 2022||410.80||406.55||420.05||406.55||1.371 times|
|02 Mon May 2022||414.30||428.90||428.90||406.00||1.779 times|
|29 Fri Apr 2022||409.35||405.60||414.90||405.60||0.672 times|
|28 Thu Apr 2022||408.25||412.90||415.00||405.75||0.497 times|
|27 Wed Apr 2022||406.30||418.65||418.65||404.00||1.358 times|
|26 Tue Apr 2022||410.75||396.00||420.05||396.00||1.521 times|
|25 Mon Apr 2022||399.10||410.00||412.00||395.25||1.169 times|
|22 Fri Apr 2022||409.85||406.00||415.00||406.00||0.259 times|
|21 Thu Apr 2022||411.85||413.85||419.75||406.05||0.443 times|
|20 Wed Apr 2022||408.85||405.05||415.00||402.95||1.476 times|
My analysis of stock is bearish for shortterm, and stock might move down till 406.5 or till 398.2. Use a stoploss of 413.48 and if the stock hits stoploss, then it can shoot up till 420.42
Share price targets for Forbes Co (ForbesCo)
Intraday share price targets for Forbes Co (ForbesCo)
|Downside Intraday Target||401.57|
|Downside Intraday Target||392.33|
|Upside Intraday Target||424.47|
|Upside Intraday Target||438.13|
|Upside Intraday Target||415.23|
Weekly technical analysis of Forbes Co (ForbesCo)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|04 Wed May 2022||410.80||428.90||428.90||406.00||0.604 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|
|04 Wed May 2022||410.80||428.90||428.90||406.00||0.071 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||16, 19, 8||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 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Forbes Co in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 409.04 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.