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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 2022-07-22 View latest technical analysis

10 day averaged volume of Forbes Co is 11884

Date Daily Closing Price Open High Low Volume
22 Fri Jul 2022 386.05 399.35 404.85 365.25 0.336 times
21 Thu Jul 2022 399.40 393.15 406.00 393.10 0.405 times
20 Wed Jul 2022 396.15 401.00 406.00 392.55 0.602 times
19 Tue Jul 2022 396.95 390.00 405.80 390.00 0.067 times
18 Mon Jul 2022 404.65 417.00 417.00 400.05 0.247 times
15 Fri Jul 2022 406.10 417.90 417.90 395.30 0.212 times
14 Thu Jul 2022 406.05 414.10 414.10 348.00 0.247 times
13 Wed Jul 2022 399.15 424.50 428.75 395.20 0.275 times
12 Tue Jul 2022 420.55 390.65 424.00 390.65 7.692 times
11 Mon Jul 2022 404.60 406.55 412.00 397.05 0.18 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 385.1, for a target of 393.3 or 400.21

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 361.87
Downside Intraday Target 337.68
Upside Intraday Target 413.62
Upside Intraday Target 441.18
Upside Intraday Target 389.43

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
22 Fri Jul 2022 386.05 417.00 417.00 365.25 0.193 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
22 Fri Jul 2022 386.05 407.95 428.75 348.00 1.412 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 8, 30, 59 Sell
MACD -20, -22Buy
Stochastics 57None
CCI -152Sell
RSI 46Sell
OBV 91418Sell
VWAP 415Sell
ADL 0Sell
ROC -5Sell
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 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 to mid 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 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.

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Forbes Co in short term and SELL signal is strong!

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

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 415.12 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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