(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)
Intraday share price targets for Forbes Co (ForbesCo)
|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|
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.