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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 2022-05-06 View latest technical analysis

10 day averaged volume of Forbes Co is 2212

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 394.65 409.60 409.60 383.25 1.443 times
05 Thu May 2022 401.00 406.05 414.95 395.25 1.732 times
04 Wed May 2022 410.80 406.55 420.05 406.55 1.249 times
02 Mon May 2022 414.30 428.90 428.90 406.00 1.621 times
29 Fri Apr 2022 409.35 405.60 414.90 405.60 0.613 times
28 Thu Apr 2022 408.25 412.90 415.00 405.75 0.453 times
27 Wed Apr 2022 406.30 418.65 418.65 404.00 1.238 times
26 Tue Apr 2022 410.75 396.00 420.05 396.00 1.387 times
25 Mon Apr 2022 399.10 410.00 412.00 395.25 1.065 times
22 Fri Apr 2022 409.85 406.00 415.00 406.00 0.236 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 394.7, for a target of 403.5 or 410.86

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 376.00
Upside 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 375.63
Downside Intraday Target 356.62
Upside Intraday Target 421.28
Upside Intraday Target 447.92
Upside Intraday Target 402.27

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 394.65 428.90 428.90 383.25 1.272 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 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
06 Fri May 2022 394.65 428.90 428.90 383.25 0.15 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 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 12, 26, 35 Sell
MACD -330, -387Buy
Stochastics 29Sell
CCI -183Sell
RSI 42Sell
OBV -16453Sell
VWAP 406Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down

CCI has generated a SELL signal for Forbes Co in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 405.82 and Forbes Co (ForbesCo) stock is trading below this level. This means that stock is falling with high volumes. 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.

Click here for Forbes Co charts

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Daily charts

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Daily chart

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