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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)

10 day averaged volume of Forbes Co is 1698

Date Daily Closing Price Open High Low Volume
31 Tue Jan 2023 675.50 605.05 682.00 600.00 6.703 times
30 Mon Jan 2023 603.05 600.20 624.95 600.20 0.657 times
27 Fri Jan 2023 605.20 605.60 619.95 601.00 1.79 times
25 Wed Jan 2023 612.60 624.05 624.90 610.40 0.65 times
24 Tue Jan 2023 618.60 614.45 627.95 614.45 0.632 times
23 Mon Jan 2023 616.75 629.05 639.00 612.00 1.299 times
20 Fri Jan 2023 628.55 639.40 640.00 621.55 0.988 times
19 Thu Jan 2023 624.80 643.65 650.00 620.00 1.4 times
18 Wed Jan 2023 643.65 647.90 652.00 635.05 0.932 times
17 Tue Jan 2023 635.05 651.00 651.00 632.40 1.098 times

Stock of Forbes Co (ForbesCo) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 681.7, for a target of 657.9 or 638.03

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 600.00
Downside Target 620.00
Downside Target 668.85
Downside Target 673.35
Upside Target 682.00
Upside Target 690.00
Upside Target 720.00
Upside Target 738.00
Upside Target 790.00
Upside Target 824.80

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 623
Downside Intraday Target 570.5
Upside Intraday Target 705
Upside Intraday Target 734.5
Downside Intraday Target 652.5

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
31 Tue Jan 2023 675.50 600.20 682.00 600.00 1.684 times
27 Fri Jan 2023 605.20 629.05 639.00 601.00 0.879 times
20 Fri Jan 2023 628.55 654.40 657.90 620.00 1.38 times
13 Fri Jan 2023 645.25 663.00 668.85 630.00 0.556 times
06 Fri Jan 2023 647.15 674.90 690.00 625.60 0.671 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Forbes Co (ForbesCo)

Date Monthly Closing Price Open High Low Volume
31 Tue Jan 2023 675.50 674.90 690.00 600.00 0.339 times
30 Fri Dec 2022 664.25 712.20 738.00 601.10 1 times
30 Wed Nov 2022 711.20 675.10 720.00 650.00 1.228 times
31 Mon Oct 2022 688.40 768.90 790.00 673.35 0.255 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 25, 14, 28 Buy
MACD -20, -23Buy
Stochastics 35None
CCI 139Buy
RSI 67Buy
OBV -2128Sell
VWAP 643Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Strong 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. 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 moving up

CCI has generated a buy signal for Forbes Co in short term and BUY 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 643.42 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.

Click here for Forbes Co charts

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Daily charts

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Daily chart

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