(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 2023-02-01 View latest technical analysis
10 day averaged volume of Forbes Co is 2742
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 666.45 | 689.05 | 709.00 | 653.25 | 3.715 times |
| 31 Tue Jan 2023 | 675.50 | 605.05 | 682.00 | 600.00 | 4.151 times |
| 30 Mon Jan 2023 | 603.05 | 600.20 | 624.95 | 600.20 | 0.407 times |
| 27 Fri Jan 2023 | 605.20 | 605.60 | 619.95 | 601.00 | 1.109 times |
| 25 Wed Jan 2023 | 612.60 | 624.05 | 624.90 | 610.40 | 0.403 times |
| 24 Tue Jan 2023 | 618.60 | 614.45 | 627.95 | 614.45 | 0.391 times |
| 23 Mon Jan 2023 | 616.75 | 629.05 | 639.00 | 612.00 | 0.804 times |
| 20 Fri Jan 2023 | 628.55 | 639.40 | 640.00 | 621.55 | 0.612 times |
| 19 Thu Jan 2023 | 624.80 | 643.65 | 650.00 | 620.00 | 0.867 times |
| 18 Wed Jan 2023 | 643.65 | 647.90 | 652.00 | 635.05 | 0.577 times |
Stock of Forbes Co (ForbesCo) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 657.2, but if it comes below 657.2, then a intra day sell could be more profitable.
If you take a sell trade below 657.2, then use 657.2 as stoploss and 637.78 as target. However if you take a buy trade in stock , then use 657.2 as stoploss and 680.5 as target.
Share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Target | 600.00 |
| Downside Target | 620.00 |
| Upside Target | 668.85 |
| Upside Target | 673.35 |
| Upside Target | 690.00 |
| Upside Target | 709.00 |
| Upside Target | 720.00 |
| Upside Target | 738.00 |
| Upside Target | 790.00 |
Intraday share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Intraday Target | 607.97 |
| Downside Intraday Target | 549.48 |
| Upside Intraday Target | 716.97 |
| Upside Intraday Target | 767.48 |
| Downside Intraday Target | 658.48 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 666.45 | 600.20 | 709.00 | 600.00 | 3.056 times |
| 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 |
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 |
| 01 Wed Feb 2023 | 666.45 | 689.05 | 709.00 | 653.25 | 0.224 times |
| 31 Tue Jan 2023 | 675.50 | 674.90 | 690.00 | 600.00 | 0.339 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 |
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 | 29, 12, 43 | Buy |
| MACD | -14, -21 | Buy |
| Stochastics | 53 | None |
| CCI | 189 | Buy |
| RSI | 66 | Buy |
| OBV | -10408 | Sell |
| VWAP | 650 | Buy |
| ADL | 0 | Sell |
| ROC | 5 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short to mid 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 mid to longer term time period is
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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Forbes Co Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 650.42 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 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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