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 2022-09-29 View latest technical analysis

10 day averaged volume of Forbes Co is 9517

Date Daily Closing Price Open High Low Volume
29 Thu Sep 2022 763.30 804.35 804.35 740.25 10.952 times
28 Wed Sep 2022 766.05 766.05 766.05 766.05 0.514 times
27 Tue Sep 2022 729.60 729.60 729.60 729.60 0.849 times
26 Mon Sep 2022 694.90 651.25 694.90 628.80 1.732 times
23 Fri Sep 2022 661.85 674.90 675.00 641.00 1.138 times
22 Thu Sep 2022 661.75 659.00 668.00 645.00 0.91 times
21 Wed Sep 2022 650.80 680.00 680.00 638.50 0.75 times
20 Tue Sep 2022 672.10 698.00 698.00 665.00 0.584 times
19 Mon Sep 2022 679.00 678.20 698.10 645.00 1.421 times
16 Fri Sep 2022 664.90 688.50 690.05 655.55 0.958 times

Stock of Forbes Co (ForbesCo) has showed a significant fall. This could be a good time to exit from 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 776.6, for a target of 737 or 703.98

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 754.80
Upside Target 769.95
Upside Target 804.35
Upside Target 824.80
Upside Target 963.60

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 659.95
Downside Intraday Target 556.6
Upside Intraday Target 835.5
Upside Intraday Target 907.7
Downside Intraday Target 732.15

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
29 Thu Sep 2022 763.30 651.25 804.35 628.80 2.925 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, 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
29 Thu Sep 2022 763.30 761.00 824.80 628.80 0.28 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 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 39, 14, 46 Buy
MACD 55, 51Buy
Stochastics 92Buy
CCI 137Buy
RSI 64Buy
OBV -154189Sell
VWAP 728Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

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 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 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 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 coming down

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 727.7 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

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