Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-09-27 View latest technical analysis

10 day averaged volume of Forbes Co is 10892

Date Daily Closing Price Open High Low Volume
27 Tue Sep 2022 729.60 729.60 729.60 729.60 0.742 times
26 Mon Sep 2022 694.90 651.25 694.90 628.80 1.514 times
23 Fri Sep 2022 661.85 674.90 675.00 641.00 0.994 times
22 Thu Sep 2022 661.75 659.00 668.00 645.00 0.795 times
21 Wed Sep 2022 650.80 680.00 680.00 638.50 0.655 times
20 Tue Sep 2022 672.10 698.00 698.00 665.00 0.51 times
19 Mon Sep 2022 679.00 678.20 698.10 645.00 1.241 times
16 Fri Sep 2022 664.90 688.50 690.05 655.55 0.837 times
15 Thu Sep 2022 688.50 722.40 722.40 685.70 1.001 times
14 Wed Sep 2022 700.65 711.95 711.95 692.00 0.895 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 740 as stoploss in an intra day sell trade for a target of 704.86. However, stock will show a bullish move above 740.

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 628.80
Downside Target 655.55
Downside Target 687.00
Downside Target 729.60
Upside Target 754.80
Upside Target 769.95
Upside Target 824.80
Upside Target 963.60

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 662.4
Downside Intraday Target 595.2
Upside Intraday Target 763.2
Upside Intraday Target 796.8
Downside Intraday Target 696

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
27 Tue Sep 2022 729.60 651.25 729.60 628.80 0.538 times
23 Fri Sep 2022 661.85 678.20 698.10 638.50 0.763 times
16 Fri Sep 2022 664.90 690.90 754.80 655.55 0.734 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

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
27 Tue Sep 2022 729.60 761.00 824.80 628.80 0.206 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 29, 18, 22 Buy
MACD 41, 49Sell
Stochastics 58None
CCI 184Buy
RSI 61Buy
OBV -54842Sell
VWAP 682Buy
ADL 0Sell
ROC 2Buy
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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Forbes Co Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 681.82 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 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 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme