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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 2022-08-01 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)

Target Type Value
Downside Target 331.00
Downside Target 348.00
Downside Target 360.00
Downside Target 380.00
Downside Target 388.05
Downside Target 408.50
Upside Target 411.90
Upside Target 417.00
Upside Target 426.80
Upside Target 428.75
Upside Target 428.90
Upside Target 445.00

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
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
MACD -13, -17Buy
Stochastics 78Buy
CCI 114Buy
RSI 44Sell
OBV 99373Sell
VWAP 399Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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.

Click here for Forbes Co charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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