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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 2022-07-21 View latest technical analysis

10 day averaged volume of Forbes Co is 11444

Date Daily Closing Price Open High Low Volume
21 Thu Jul 2022 399.40 393.15 406.00 393.10 0.421 times
20 Wed Jul 2022 396.15 401.00 406.00 392.55 0.625 times
19 Tue Jul 2022 396.95 390.00 405.80 390.00 0.07 times
18 Mon Jul 2022 404.65 417.00 417.00 400.05 0.257 times
15 Fri Jul 2022 406.10 417.90 417.90 395.30 0.22 times
14 Thu Jul 2022 406.05 414.10 414.10 348.00 0.256 times
13 Wed Jul 2022 399.15 424.50 428.75 395.20 0.285 times
12 Tue Jul 2022 420.55 390.65 424.00 390.65 7.988 times
11 Mon Jul 2022 404.60 406.55 412.00 397.05 0.187 times
08 Fri Jul 2022 406.55 402.60 408.50 395.20 0.075 times

My analysis of stock is bearish for shortterm, and stock might move down till 394.3 or till 386.8. Use a stoploss of 400.6 and if the stock hits stoploss, then it can shoot up till 406.86

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 387.27
Downside Intraday Target 375.13
Upside Intraday Target 414.27
Upside Intraday Target 429.13
Upside Intraday Target 402.13

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
21 Thu Jul 2022 399.40 417.00 417.00 390.00 0.154 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
21 Thu Jul 2022 399.40 407.95 428.75 348.00 1.369 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 9, 21, 40 Sell
MACD -19, -22Buy
Stochastics 61None
CCI -40Buy
RSI 48Sell
OBV 94344Sell
VWAP 416Sell
ADL 0Sell
ROC 1Buy
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining 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 green color and prices are above the green cloud Prices appear to be moving up

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 and selling is picking up 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 416.03 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 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.

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Daily charts

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