(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 2022-05-09 View latest technical analysis
10 day averaged volume of Forbes Co is 2442
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 377.80 | 401.00 | 401.00 | 375.00 | 3.109 times |
| 06 Fri May 2022 | 394.65 | 409.60 | 409.60 | 383.25 | 1.308 times |
| 05 Thu May 2022 | 401.00 | 406.05 | 414.95 | 395.25 | 1.569 times |
| 04 Wed May 2022 | 410.80 | 406.55 | 420.05 | 406.55 | 1.131 times |
| 02 Mon May 2022 | 414.30 | 428.90 | 428.90 | 406.00 | 1.468 times |
| 29 Fri Apr 2022 | 409.35 | 405.60 | 414.90 | 405.60 | 0.555 times |
| 28 Thu Apr 2022 | 408.25 | 412.90 | 415.00 | 405.75 | 0.41 times |
| 27 Wed Apr 2022 | 406.30 | 418.65 | 418.65 | 404.00 | 1.121 times |
| 26 Tue Apr 2022 | 410.75 | 396.00 | 420.05 | 396.00 | 1.256 times |
| 25 Mon Apr 2022 | 399.10 | 410.00 | 412.00 | 395.25 | 0.965 times |
Stock of Forbes Co (ForbesCo) has showed a significant fall. This could be a good time to exit from this stock.
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 387.3, for a target of 398.8 or 408.5
Share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Target | 375.00 |
| Upside Target | 395.25 |
| Upside Target | 419.75 |
| Upside Target | 424.75 |
| Upside Target | 428.90 |
| 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 | 368.2 |
| Downside Intraday Target | 358.6 |
| Upside Intraday Target | 394.2 |
| Upside Intraday Target | 410.6 |
| Upside Intraday Target | 384.6 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 377.80 | 401.00 | 401.00 | 375.00 | 0.568 times |
| 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 |
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 |
| 09 Mon May 2022 | 377.80 | 428.90 | 428.90 | 375.00 | 0.235 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 | 11, 27, 42 | Sell |
| MACD | -318, -370 | Buy |
| Stochastics | 16 | Sell |
| CCI | -197 | Sell |
| RSI | 43 | Sell |
| OBV | -28976 | Sell |
| VWAP | 399 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short 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 short 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 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
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 398.99 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.
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