(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 2022-08-01 View latest technical analysis
10 day averaged volume of Forbes Co is 3126
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Mon Aug 2022||409.05||400.00||411.90||390.25||1.746 times|
|29 Fri Jul 2022||402.35||408.00||408.00||390.00||0.441 times|
|28 Thu Jul 2022||401.55||398.15||405.20||398.00||0.583 times|
|27 Wed Jul 2022||398.70||402.05||410.00||380.00||0.899 times|
|26 Tue Jul 2022||401.95||407.40||407.40||397.00||0.43 times|
|25 Mon Jul 2022||396.75||386.80||409.05||386.20||1.343 times|
|22 Fri Jul 2022||386.05||399.35||404.85||365.25||1.276 times|
|21 Thu Jul 2022||399.40||393.15||406.00||393.10||1.541 times|
|20 Wed Jul 2022||396.15||401.00||406.00||392.55||2.289 times|
|19 Tue Jul 2022||396.95||390.00||405.80||390.00||0.256 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 408.3, but if it comes below 408.3, then a intra day sell could be more profitable.
If you take a sell trade below 408.3, then use 408.3 as stoploss and 401.65 as target. However if you take a buy trade in stock , then use 408.3 as stoploss and 416.2 as target.
Share price targets for Forbes Co (ForbesCo)
Intraday share price targets for Forbes Co (ForbesCo)
|Downside Intraday Target||395.57|
|Downside Intraday Target||382.08|
|Upside Intraday Target||417.22|
|Upside Intraday Target||425.38|
|Downside Intraday Target||403.73|
Weekly technical analysis of Forbes Co (ForbesCo)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Mon Aug 2022||409.05||400.00||411.90||390.25||0.472 times|
|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|
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|
|01 Mon Aug 2022||409.05||400.00||411.90||390.25||0.038 times|
|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|
Scroll below to view daily charts
Price has moved up 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||7, 27, 56||Sell|
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 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 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 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 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 buy signal for Forbes Co in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 398.59 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 rising upwards.
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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.