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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 2022-08-12 View latest technical analysis

10 day averaged volume of Forbes Co is 3378

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 516.75 435.00 516.75 435.00 11.811 times
11 Thu Aug 2022 430.65 417.80 435.00 410.00 3.227 times
10 Wed Aug 2022 404.25 418.95 418.95 396.00 0.476 times
08 Mon Aug 2022 403.55 418.55 418.55 400.00 0.452 times
05 Fri Aug 2022 411.80 403.00 414.55 403.00 0.213 times
04 Thu Aug 2022 413.95 404.20 418.50 403.00 0.826 times
03 Wed Aug 2022 408.00 398.05 414.00 398.05 1.008 times
02 Tue Aug 2022 405.05 396.00 414.00 396.00 1.234 times
01 Mon Aug 2022 409.05 400.00 411.90 390.25 1.615 times
29 Fri Jul 2022 402.35 408.00 408.00 390.00 0.408 times

Stock of Forbes Co (ForbesCo) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 466.9, for a target of 435.7 or 409.68

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 390.25
Downside Target 410.00
Downside Target 426.80
Downside Target 428.75
Downside Target 428.90
Downside Target 445.00
Downside Target 516.75

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 436.25
Downside Intraday Target 355.75
Upside Intraday Target 557
Upside Intraday Target 597.25
Downside Intraday Target 476.5

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 516.75 418.55 516.75 396.00 3.261 times
05 Fri Aug 2022 411.80 400.00 418.50 390.25 1.432 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Forbes Co (ForbesCo)

Date Monthly Closing Price Open High Low Volume
12 Fri Aug 2022 516.75 400.00 516.75 390.25 0.497 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 41, 10, 60 Buy
MACD 11, -3Buy
Stochastics 84Buy
CCI 298Buy
RSI 68Buy
OBV 58943Sell
VWAP 472Buy
ADL 0Sell
ROC 29Buy
Force Index 0Sell

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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Forbes Co in short term and the buy signal is strong.

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 BUY signal in short term and the buying is gaining 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 471.71 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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