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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 2022-09-15 View latest technical analysis

10 day averaged volume of Forbes Co is 21207

Date Daily Closing Price Open High Low Volume
15 Thu Sep 2022 688.50 722.40 722.40 685.70 0.514 times
14 Wed Sep 2022 700.65 711.95 711.95 692.00 0.46 times
13 Tue Sep 2022 711.95 754.80 754.80 705.00 0.8 times
12 Mon Sep 2022 725.40 690.90 725.40 690.90 0.621 times
09 Fri Sep 2022 690.90 718.00 725.00 687.00 0.6 times
08 Thu Sep 2022 706.65 717.05 730.00 705.00 0.365 times
07 Wed Sep 2022 717.05 725.35 733.00 708.00 0.54 times
06 Tue Sep 2022 725.30 720.00 750.00 715.15 0.923 times
05 Mon Sep 2022 716.20 740.00 769.95 715.15 1.422 times
02 Fri Sep 2022 752.75 811.00 824.80 752.70 2.692 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 691.6, but if it comes above 691.6, then a intra day buy could be more profitable.
If you take a sell trade below 691.6, then use 691.6 as stoploss and 606.6 as target. However if you take a buy trade in stock , then use 691.6 as stoploss and 762.49 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 390.25
Downside Target 426.80
Downside Target 559.15
Downside Target 685.70
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 664.53
Downside Intraday Target 640.57
Upside Intraday Target 733.63
Upside Intraday Target 778.77
Upside Intraday Target 709.67

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
15 Thu Sep 2022 688.50 690.90 754.80 685.70 0.622 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 down 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
15 Thu Sep 2022 688.50 761.00 824.80 685.70 0.152 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 32, 21, 22 Buy
MACD 79, 102Sell
Stochastics 10Sell
CCI -94Sell
RSI 65Buy
OBV 662671Sell
VWAP 724Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 getting stronger in this stock.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 723.98 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.

Click here for Forbes Co charts

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Daily charts

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