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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 2022-07-30 View latest technical analysis

10 day averaged volume of Forbes Co is 3239

Date Daily Closing Price Open High Low Volume
29 Fri Jul 2022 402.35 408.00 408.00 390.00 0.425 times
28 Thu Jul 2022 401.55 398.15 405.20 398.00 0.563 times
27 Wed Jul 2022 398.70 402.05 410.00 380.00 0.868 times
26 Tue Jul 2022 401.95 407.40 407.40 397.00 0.415 times
25 Mon Jul 2022 396.75 386.80 409.05 386.20 1.296 times
22 Fri Jul 2022 386.05 399.35 404.85 365.25 1.232 times
21 Thu Jul 2022 399.40 393.15 406.00 393.10 1.487 times
20 Wed Jul 2022 396.15 401.00 406.00 392.55 2.209 times
19 Tue Jul 2022 396.95 390.00 405.80 390.00 0.247 times
18 Mon Jul 2022 404.65 417.00 417.00 400.05 0.908 times

My analysis of stock is bullish for shortterm, and stock might move up till 407.5 or till 415.3. Use a stoploss of 401.04 and if this stock hits its stoploss, then it can fall down till 394.56

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 384.9
Downside Intraday Target 367.45
Upside Intraday Target 414.9
Upside Intraday Target 427.45
Downside Intraday Target 397.45

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
29 Fri Jul 2022 402.35 386.80 410.00 380.00 0.586 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
29 Fri Jul 2022 402.35 407.95 428.75 348.00 1.537 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 6, 30, 65 Sell
MACD -15, -18Buy
Stochastics 71Buy
CCI 30Sell
RSI 44Sell
OBV 92947Sell
VWAP 397Buy
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 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 short to mid 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Forbes Co in short term but SELL 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

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 397.33 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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