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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 2022-07-20 View latest technical analysis

10 day averaged volume of Forbes Co is 10947

Date Daily Closing Price Open High Low Volume
20 Wed Jul 2022 396.15 401.00 406.00 392.55 0.654 times
19 Tue Jul 2022 396.95 390.00 405.80 390.00 0.073 times
18 Mon Jul 2022 404.65 417.00 417.00 400.05 0.269 times
15 Fri Jul 2022 406.10 417.90 417.90 395.30 0.23 times
14 Thu Jul 2022 406.05 414.10 414.10 348.00 0.268 times
13 Wed Jul 2022 399.15 424.50 428.75 395.20 0.298 times
12 Tue Jul 2022 420.55 390.65 424.00 390.65 8.35 times
11 Mon Jul 2022 404.60 406.55 412.00 397.05 0.196 times
08 Fri Jul 2022 406.55 402.60 408.50 395.20 0.079 times
07 Thu Jul 2022 395.10 406.90 407.65 392.00 0.038 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 392.8 as stoploss in an intra day buy trade for a target of 399.91. However, stock will show a bearish move below 392.8.

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 331.00
Downside Target 348.00
Downside Target 360.00
Downside Target 381.00
Upside Target 408.50
Upside Target 417.00
Upside Target 426.80
Upside Target 428.75
Upside Target 428.90
Upside Target 445.00
Upside Target 459.80

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 385.1
Downside Intraday Target 374.05
Upside Intraday Target 412.1
Upside Intraday Target 428.05
Upside Intraday Target 401.05

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
20 Wed Jul 2022 396.15 417.00 417.00 390.00 0.107 times
15 Fri Jul 2022 406.10 406.55 428.75 348.00 13.73 times
08 Fri Jul 2022 406.55 400.00 408.50 388.05 1.006 times
01 Fri Jul 2022 393.00 393.90 412.00 381.30 1.42 times
24 Fri Jun 2022 393.80 381.50 399.40 365.25 0.292 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
20 Wed Jul 2022 396.15 407.95 428.75 348.00 1.316 times
30 Thu Jun 2022 401.20 395.00 426.80 360.00 1.635 times
31 Tue May 2022 393.30 428.90 428.90 331.00 0.634 times
29 Fri Apr 2022 409.35 407.10 445.00 395.25 0.336 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 10, 23, 40 Sell
MACD -20, -23Buy
Stochastics 63None
CCI -53Buy
RSI 49Sell
OBV 90670Sell
VWAP 417Sell
ADL 0Sell
ROC -1Sell
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 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 mid to longer 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.

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 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 buy signal for Forbes Co in short term but BUY signal is weak.

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 416.65 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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