(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 2023-01-20 View latest technical analysis
10 day averaged volume of Forbes Co is 1514
Date | Daily Closing Price | Open | High | Low | Volume |
20 Fri Jan 2023 | 628.55 | 639.40 | 640.00 | 621.55 | 1.108 times |
19 Thu Jan 2023 | 624.80 | 643.65 | 650.00 | 620.00 | 1.571 times |
18 Wed Jan 2023 | 643.65 | 647.90 | 652.00 | 635.05 | 1.046 times |
17 Tue Jan 2023 | 635.05 | 651.00 | 651.00 | 632.40 | 1.232 times |
16 Mon Jan 2023 | 639.10 | 654.40 | 657.90 | 632.25 | 0.622 times |
13 Fri Jan 2023 | 645.25 | 639.00 | 652.00 | 630.00 | 0.871 times |
12 Thu Jan 2023 | 639.45 | 640.00 | 657.80 | 636.00 | 0.837 times |
11 Wed Jan 2023 | 640.40 | 644.00 | 657.85 | 638.00 | 0.573 times |
10 Tue Jan 2023 | 643.75 | 659.00 | 668.85 | 641.00 | 1.105 times |
09 Mon Jan 2023 | 658.30 | 663.00 | 663.00 | 647.05 | 0.656 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 635.8, but if it comes above 635.8, then a intra day buy could be more profitable.
If you take a sell trade below 635.8, then use 635.8 as stoploss and 618.7 as target. However if you take a buy trade in stock , then use 635.8 as stoploss and 649.99 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 | 613.07 |
Downside Intraday Target | 597.58 |
Upside Intraday Target | 650.97 |
Upside Intraday Target | 673.38 |
Upside Intraday Target | 635.48 |
Weekly technical analysis of Forbes Co (ForbesCo)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Fri Jan 2023 | 628.55 | 654.40 | 657.90 | 620.00 | 1.38 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 |
20 Fri Jan 2023 | 628.55 | 674.90 | 690.00 | 620.00 | 0.191 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, 18, 41 | Sell |
MACD | -21, -18 | Sell |
Stochastics | 21 | Sell |
CCI | -155 | Sell |
RSI | 55 | Buy |
OBV | -6486 | Sell |
VWAP | 638 | Sell |
ADL | 0 | Sell |
ROC | -3 | Sell |
Force Index | 0 | Sell |
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 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.
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 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 638.03 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.
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