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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 2022-07-28 View latest technical analysis

10 day averaged volume of Forbes Co is 3350

Date Daily Closing Price Open High Low Volume
28 Thu Jul 2022 401.55 398.15 405.20 398.00 0.544 times
27 Wed Jul 2022 398.70 402.05 410.00 380.00 0.839 times
26 Tue Jul 2022 401.95 407.40 407.40 397.00 0.401 times
25 Mon Jul 2022 396.75 386.80 409.05 386.20 1.253 times
22 Fri Jul 2022 386.05 399.35 404.85 365.25 1.191 times
21 Thu Jul 2022 399.40 393.15 406.00 393.10 1.438 times
20 Wed Jul 2022 396.15 401.00 406.00 392.55 2.136 times
19 Tue Jul 2022 396.95 390.00 405.80 390.00 0.239 times
18 Mon Jul 2022 404.65 417.00 417.00 400.05 0.878 times
15 Fri Jul 2022 406.10 417.90 417.90 395.30 0.75 times

My analysis of stock is bullish for shortterm, and stock might move up till 407.3 or till 415.3. Use a stoploss of 400.57 and if this stock hits its stoploss, then it can fall down till 393.87

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 331.00
Downside Target 348.00
Downside Target 360.00
Downside Target 380.00
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 384.37
Downside Intraday Target 367.18
Upside Intraday Target 414.37
Upside Intraday Target 427.18
Downside Intraday Target 397.18

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
28 Thu Jul 2022 401.55 386.80 410.00 380.00 0.516 times
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

Price has moved up 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
28 Thu Jul 2022 401.55 407.95 428.75 348.00 1.522 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 up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Forbes Co (ForbesCo)

Indicator Name Indicator Value Indicator Signal
ADX 7, 28, 61 Sell
MACD -16, -19Buy
Stochastics 69None
CCI 38Buy
RSI 47Sell
OBV 92386Sell
VWAP 398Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 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 mid to longer term time period is

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Forbes Co in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 397.8 and Forbes Co (ForbesCo) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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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Daily chart

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