(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 2023-01-27 View latest technical analysis
10 day averaged volume of Forbes Co is 1541
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 605.20 | 605.60 | 619.95 | 601.00 | 1.973 times |
| 25 Wed Jan 2023 | 612.60 | 624.05 | 624.90 | 610.40 | 0.716 times |
| 24 Tue Jan 2023 | 618.60 | 614.45 | 627.95 | 614.45 | 0.696 times |
| 23 Mon Jan 2023 | 616.75 | 629.05 | 639.00 | 612.00 | 1.431 times |
| 20 Fri Jan 2023 | 628.55 | 639.40 | 640.00 | 621.55 | 1.088 times |
| 19 Thu Jan 2023 | 624.80 | 643.65 | 650.00 | 620.00 | 1.543 times |
| 18 Wed Jan 2023 | 643.65 | 647.90 | 652.00 | 635.05 | 1.027 times |
| 17 Tue Jan 2023 | 635.05 | 651.00 | 651.00 | 632.40 | 1.21 times |
| 16 Mon Jan 2023 | 639.10 | 654.40 | 657.90 | 632.25 | 0.611 times |
| 13 Fri Jan 2023 | 645.25 | 639.00 | 652.00 | 630.00 | 0.856 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 601.4, for a target of 622.6 or 640.19
Share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Target | 601.00 |
| Upside Target | 620.00 |
| Upside Target | 668.85 |
| Upside Target | 673.35 |
| Upside Target | 690.00 |
| 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 | 591.13 |
| Downside Intraday Target | 577.07 |
| Upside Intraday Target | 629.13 |
| Upside Intraday Target | 653.07 |
| Upside Intraday Target | 615.07 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 605.20 | 629.05 | 639.00 | 601.00 | 0.879 times |
| 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 |
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 |
| 27 Fri Jan 2023 | 605.20 | 674.90 | 690.00 | 601.00 | 0.246 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 | 6, 22, 60 | Sell |
| MACD | -27, -23 | Sell |
| Stochastics | 9 | Sell |
| CCI | -136 | Sell |
| RSI | 54 | Buy |
| OBV | -17364 | Sell |
| VWAP | 625 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 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 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 624.7 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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