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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 2023-01-19 View latest technical analysis

10 day averaged volume of Forbes Co is 1475

Date Daily Closing Price Open High Low Volume
19 Thu Jan 2023 624.80 643.65 650.00 620.00 1.612 times
18 Wed Jan 2023 643.65 647.90 652.00 635.05 1.073 times
17 Tue Jan 2023 635.05 651.00 651.00 632.40 1.264 times
16 Mon Jan 2023 639.10 654.40 657.90 632.25 0.638 times
13 Fri Jan 2023 645.25 639.00 652.00 630.00 0.894 times
12 Thu Jan 2023 639.45 640.00 657.80 636.00 0.859 times
11 Wed Jan 2023 640.40 644.00 657.85 638.00 0.588 times
10 Tue Jan 2023 643.75 659.00 668.85 641.00 1.134 times
09 Mon Jan 2023 658.30 663.00 663.00 647.05 0.673 times
06 Fri Jan 2023 647.15 673.95 673.95 625.60 1.525 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 633.4, but if it comes above 633.4, then a intra day buy could be more profitable.
If you take a sell trade below 633.4, then use 633.4 as stoploss and 614.4 as target. However if you take a buy trade in stock , then use 633.4 as stoploss and 649.19 as target.

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 601.10
Downside Target 620.00
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 610.57
Downside Intraday Target 596.33
Upside Intraday Target 648.47
Upside Intraday Target 672.13
Upside Intraday Target 634.23

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
19 Thu Jan 2023 624.80 654.40 657.90 620.00 1.106 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
19 Thu Jan 2023 624.80 674.90 690.00 620.00 0.178 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 1.228 times
31 Mon Oct 2022 688.40 768.90 790.00 673.35 0.255 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 8, 20, 41 Sell
MACD -20, -18Sell
Stochastics 21Sell
CCI -187Sell
RSI 57Buy
OBV -12712Sell
VWAP 640Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 gaining momentum.

MACD generated a SELL signal for Forbes Co in short term and the sell signal is strong.

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 red color and prices are below the red 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Forbes Co is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 640.44 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.

Click here for Forbes Co charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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