Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 4168

Date Daily Closing Price Open High Low Volume
07 Tue Feb 2023 643.30 649.05 662.95 632.10 0.509 times
06 Mon Feb 2023 655.25 675.15 675.15 642.00 0.178 times
03 Fri Feb 2023 675.15 648.70 694.00 640.25 1.456 times
02 Thu Feb 2023 652.20 650.15 679.00 635.05 1.143 times
01 Wed Feb 2023 666.45 689.05 709.00 653.25 2.444 times
31 Tue Jan 2023 675.50 605.05 682.00 600.00 2.731 times
30 Mon Jan 2023 603.05 600.20 624.95 600.20 0.268 times
27 Fri Jan 2023 605.20 605.60 619.95 601.00 0.729 times
25 Wed Jan 2023 612.60 624.05 624.90 610.40 0.265 times
24 Tue Jan 2023 618.60 614.45 627.95 614.45 0.257 times

My analysis of stock is bullish for shortterm, and stock might move up till 658.6 or till 683. Use a stoploss of 638.2 and if this stock hits its stoploss, then it can fall down till 617.84

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 600.00
Downside Target 620.00
Upside Target 668.85
Upside Target 673.35
Upside Target 675.15
Upside Target 690.00
Upside Target 709.00
Upside Target 720.00
Upside Target 738.00
Upside Target 790.00

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 625.22
Downside Intraday Target 607.13
Upside Intraday Target 668.27
Upside Intraday Target 693.23
Upside Intraday Target 650.18

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
07 Tue Feb 2023 643.30 675.15 675.15 632.10 0.085 times
03 Fri Feb 2023 675.15 600.20 709.00 600.00 4.516 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

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
07 Tue Feb 2023 643.30 689.05 709.00 632.10 0.525 times
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

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 21, 14, 21 Buy
MACD -5, -11Buy
Stochastics 53None
CCI 15Sell
RSI 63Buy
OBV -10172Sell
VWAP 658Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.

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 below the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying 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 658.34 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme