(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 2022-09-14 View latest technical analysis
10 day averaged volume of Forbes Co is 25603
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Sep 2022 | 700.65 | 711.95 | 711.95 | 692.00 | 0.381 times |
| 13 Tue Sep 2022 | 711.95 | 754.80 | 754.80 | 705.00 | 0.663 times |
| 12 Mon Sep 2022 | 725.40 | 690.90 | 725.40 | 690.90 | 0.514 times |
| 09 Fri Sep 2022 | 690.90 | 718.00 | 725.00 | 687.00 | 0.497 times |
| 08 Thu Sep 2022 | 706.65 | 717.05 | 730.00 | 705.00 | 0.303 times |
| 07 Wed Sep 2022 | 717.05 | 725.35 | 733.00 | 708.00 | 0.447 times |
| 06 Tue Sep 2022 | 725.30 | 720.00 | 750.00 | 715.15 | 0.764 times |
| 05 Mon Sep 2022 | 716.20 | 740.00 | 769.95 | 715.15 | 1.178 times |
| 02 Fri Sep 2022 | 752.75 | 811.00 | 824.80 | 752.70 | 2.23 times |
| 01 Thu Sep 2022 | 792.30 | 761.00 | 792.30 | 755.00 | 1.306 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 691.8 as stoploss in an intra day buy trade for a target of 762.55. However, stock will show a bearish move below 691.8.
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 |
| Upside 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 | 676.1 |
| Downside Intraday Target | 651.55 |
| Upside Intraday Target | 740 |
| Upside Intraday Target | 779.35 |
| Upside Intraday Target | 715.45 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Sep 2022 | 700.65 | 690.90 | 754.80 | 690.90 | 0.488 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 |
| 14 Wed Sep 2022 | 700.65 | 761.00 | 824.80 | 687.00 | 0.144 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 | 33, 23, 18 | Buy |
| MACD | 87, 109 | Sell |
| Stochastics | 19 | Sell |
| CCI | -90 | Sell |
| RSI | 64 | Buy |
| OBV | 855988 | Sell |
| VWAP | 737 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
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 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 Weak and stock is losing 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 SELL signal for Forbes Co in short term and SELL 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 736.58 and Forbes Co (ForbesCo) stock is trading below this level. This means that stock is falling with high volumes. 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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