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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 1719

Date Daily Closing Price Open High Low Volume
30 Mon Jan 2023 603.05 600.20 624.95 600.20 0.649 times
27 Fri Jan 2023 605.20 605.60 619.95 601.00 1.768 times
25 Wed Jan 2023 612.60 624.05 624.90 610.40 0.642 times
24 Tue Jan 2023 618.60 614.45 627.95 614.45 0.624 times
23 Mon Jan 2023 616.75 629.05 639.00 612.00 1.283 times
20 Fri Jan 2023 628.55 639.40 640.00 621.55 0.976 times
19 Thu Jan 2023 624.80 643.65 650.00 620.00 1.383 times
18 Wed Jan 2023 643.65 647.90 652.00 635.05 0.921 times
17 Tue Jan 2023 635.05 651.00 651.00 632.40 1.085 times
16 Mon Jan 2023 639.10 654.40 657.90 632.25 0.547 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 596.5, for a target of 618.7 or 637.13

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 600.20
Upside Target 620.00
Upside Target 657.90
Upside Target 668.85
Upside Target 673.35
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 593.85
Downside Intraday Target 584.65
Upside Intraday Target 618.6
Upside Intraday Target 634.15
Upside Intraday Target 609.4

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
30 Mon Jan 2023 603.05 600.20 624.95 600.20 0.15 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 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
30 Mon Jan 2023 603.05 674.90 690.00 600.20 0.254 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 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, 20, 47 Sell
MACD -28, -24Sell
Stochastics 6Sell
CCI -103Buy
RSI 56Buy
OBV -14976Sell
VWAP 622Sell
ADL 0Sell
ROC -7Sell
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 losing momentum.

MACD generated a SELL signal for Forbes Co in short term and the sell signal is strong.

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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Forbes Co in short term but BUY signal is weak.

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

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 621.68 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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