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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 2023-01-18 View latest technical analysis

10 day averaged volume of Forbes Co is 1437

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Jan 2023	643.65	647.90	652.00	635.05	1.102 times
17 Tue Jan 2023	635.05	651.00	651.00	632.40	1.298 times
16 Mon Jan 2023	639.10	654.40	657.90	632.25	0.655 times
13 Fri Jan 2023	645.25	639.00	652.00	630.00	0.918 times
12 Thu Jan 2023	639.45	640.00	657.80	636.00	0.882 times
11 Wed Jan 2023	640.40	644.00	657.85	638.00	0.604 times
10 Tue Jan 2023	643.75	659.00	668.85	641.00	1.164 times
09 Mon Jan 2023	658.30	663.00	663.00	647.05	0.691 times
06 Fri Jan 2023	647.15	673.95	673.95	625.60	1.565 times
05 Thu Jan 2023	652.60	660.05	665.15	649.55	1.385 times

My analysis of stock is bearish for shortterm, and stock might move down till 634.7 or till 616.6. Use a stoploss of 649.77 and if the stock hits stoploss, then it can shoot up till 664.85

Share price targets for Forbes Co (ForbesCo)

Target Type	Value
Downside Target	601.10
Downside Target	625.60
Upside Target	650.00
Upside Target	690.00
Upside Target	703.40
Upside Target	720.00
Upside Target	738.00
Upside Target	790.00
Upside Target	824.80

Intraday share price targets for Forbes Co (ForbesCo)

Target Type	Value
Downside Intraday Target	631.3
Downside Intraday Target	618.95
Upside Intraday Target	656.95
Upside Intraday Target	670.25
Upside Intraday Target	644.6

Weekly technical analysis of Forbes Co (ForbesCo)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Jan 2023	643.65	654.40	657.90	632.25	0.717 times
13 Fri Jan 2023	645.25	663.00	668.85	630.00	0.556 times
06 Fri Jan 2023	647.15	674.90	690.00	625.60	0.671 times
30 Fri Dec 2022	664.25	612.45	690.00	601.10	0.817 times
23 Fri Dec 2022	612.45	680.35	703.40	601.10	0.844 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
18 Wed Jan 2023	643.65	674.90	690.00	625.60	0.16 times
30 Fri Dec 2022	664.25	712.20	738.00	601.10	1 times
30 Wed Nov 2022	711.20	675.10	720.00	650.00	1.189 times
31 Mon Oct 2022	688.40	768.90	790.00	673.35	0.263 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)

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Forbes Co stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Forbes Co in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 but buying is losing 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 644.6 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.