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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 2022-05-23 View latest technical analysis

10 day averaged volume of Forbes Co is 3291

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 376.80 399.65 399.65 375.00 0.448 times
20 Fri May 2022 388.00 376.20 403.95 376.20 0.487 times
19 Thu May 2022 388.40 405.00 405.00 381.00 0.147 times
18 Wed May 2022 405.95 370.20 425.00 370.20 0.678 times
17 Tue May 2022 376.35 362.00 414.90 362.00 0.579 times
16 Mon May 2022 388.75 392.00 403.80 375.00 0.695 times
13 Fri May 2022 395.85 400.05 409.50 380.10 0.672 times
12 Thu May 2022 387.30 350.05 394.80 331.00 2.2 times
11 Wed May 2022 360.40 379.85 399.70 342.05 1.828 times
10 Tue May 2022 376.50 381.00 390.05 353.05 0.405 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 379.3, but if it comes above 379.3, then a intra day buy could be more profitable.
If you take a sell trade below 379.3, then use 379.3 as stoploss and 361.8 as target. However if you take a buy trade in stock , then use 379.3 as stoploss and 393.83 as target.

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 331.00
Downside Target 362.00
Downside Target 375.00
Upside Target 395.25
Upside Target 409.50
Upside Target 420.05
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 367.98
Downside Intraday Target 359.17
Upside Intraday Target 392.63
Upside Intraday Target 408.47
Upside Intraday Target 383.82

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 376.80 399.65 399.65 375.00 0.173 times
20 Fri May 2022 388.00 392.00 425.00 362.00 0.349 times
13 Fri May 2022 395.85 401.00 409.50 331.00 1.824 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

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
23 Mon May 2022 376.80 428.90 428.90 331.00 0.536 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 7, 17, 41 Sell
MACD -200, -233Buy
Stochastics 57None
CCI -6Sell
RSI 54Buy
OBV -17405Sell
VWAP 382Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 381.81 and Forbes Co (ForbesCo) stock is trading below this level. This means that stock is falling with high volumes. 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 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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Daily charts

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