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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 2022-05-04 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)

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 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
MACD -361, -426Buy
Stochastics 53None
CCI 70Sell
RSI 38Sell
OBV -31674Sell
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 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.

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Daily charts

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