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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 2022-05-10 View latest technical analysis

10 day averaged volume of Forbes Co is 3149

Date Daily Closing Price Open High Low Volume
10 Tue May 2022 376.50 381.00 390.05 353.05 0.423 times
09 Mon May 2022 377.80 401.00 401.00 375.00 2.411 times
06 Fri May 2022 394.65 409.60 409.60 383.25 1.014 times
05 Thu May 2022 401.00 406.05 414.95 395.25 1.217 times
04 Wed May 2022 410.80 406.55 420.05 406.55 0.877 times
02 Mon May 2022 414.30 428.90 428.90 406.00 1.139 times
29 Fri Apr 2022 409.35 405.60 414.90 405.60 0.43 times
28 Thu Apr 2022 408.25 412.90 415.00 405.75 0.318 times
27 Wed Apr 2022 406.30 418.65 418.65 404.00 0.869 times
26 Tue Apr 2022 410.75 396.00 420.05 396.00 0.974 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 381.6, for a target of 394.9 or 406.03

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 353.05
Downside Target 376.00
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 352.7
Downside Intraday Target 328.9
Upside Intraday Target 400.65
Upside Intraday Target 424.8
Upside Intraday Target 376.85

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
10 Tue May 2022 376.50 401.00 401.00 353.05 0.667 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
10 Tue May 2022 376.50 428.90 428.90 353.05 0.25 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 9, 32, 56 Sell
MACD -305, -354Buy
Stochastics 20Sell
CCI -182Sell
RSI 45Sell
OBV -25255Sell
VWAP 398Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 weakening, and bulls 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 and SELL signal is strong!

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 398 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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