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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 2022-09-13 View latest technical analysis

10 day averaged volume of Forbes Co is 29277

Date Daily Closing Price Open High Low Volume
13 Tue Sep 2022 711.95 754.80 754.80 705.00 0.579 times
12 Mon Sep 2022 725.40 690.90 725.40 690.90 0.45 times
09 Fri Sep 2022 690.90 718.00 725.00 687.00 0.435 times
08 Thu Sep 2022 706.65 717.05 730.00 705.00 0.265 times
07 Wed Sep 2022 717.05 725.35 733.00 708.00 0.391 times
06 Tue Sep 2022 725.30 720.00 750.00 715.15 0.668 times
05 Mon Sep 2022 716.20 740.00 769.95 715.15 1.03 times
02 Fri Sep 2022 752.75 811.00 824.80 752.70 1.95 times
01 Thu Sep 2022 792.30 761.00 792.30 755.00 1.142 times
30 Tue Aug 2022 754.60 711.00 754.60 711.00 1.834 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 675.6 as stoploss in an intra day buy trade for a target of 756.32. However, stock will show a bearish move below 675.6.

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 331.00
Downside Target 348.00
Downside Target 360.00
Downside Target 390.25
Downside Target 426.80
Downside Target 559.15
Downside Target 687.00
Downside Target 711.00
Upside Target 754.80
Upside Target 824.80
Upside Target 834.35
Upside Target 963.60

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 683.63
Downside Intraday Target 655.32
Upside Intraday Target 747.53
Upside Intraday Target 783.12
Upside Intraday Target 719.22

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
13 Tue Sep 2022 711.95 690.90 754.80 690.90 0.369 times
09 Fri Sep 2022 690.90 740.00 769.95 687.00 0.413 times
02 Fri Sep 2022 752.75 721.00 824.80 711.00 0.374 times
26 Fri Aug 2022 756.50 914.00 963.60 756.50 0.696 times
19 Fri Aug 2022 834.35 580.00 834.35 559.15 14.108 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
13 Tue Sep 2022 711.95 761.00 824.80 687.00 0.138 times
30 Tue Aug 2022 754.60 400.00 963.60 390.25 10.344 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

Scroll below to view daily charts

Price has moved down 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 34, 21, 25 Buy
MACD 95, 117Sell
Stochastics 16Sell
CCI -32Buy
RSI 63Buy
OBV 905633Sell
VWAP 742Sell
ADL 0Sell
ROC -1Sell
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 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 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 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 SELL signal for Forbes Co in short term but the sell signal is initial and weak.

Forbes Co Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Forbes Co in short term but BUY signal is weak.

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

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 741.72 and Forbes Co (ForbesCo) stock is trading below this level. This means that stock is falling with high volumes. 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 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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