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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 2023-02-03 View latest technical analysis

10 day averaged volume of Forbes Co is 3892

Date Daily Closing Price Open High Low Volume
03 Fri Feb 2023 675.15 648.70 694.00 640.25 1.559 times
02 Thu Feb 2023 652.20 650.15 679.00 635.05 1.224 times
01 Wed Feb 2023 666.45 689.05 709.00 653.25 2.617 times
31 Tue Jan 2023 675.50 605.05 682.00 600.00 2.924 times
30 Mon Jan 2023 603.05 600.20 624.95 600.20 0.286 times
27 Fri Jan 2023 605.20 605.60 619.95 601.00 0.781 times
25 Wed Jan 2023 612.60 624.05 624.90 610.40 0.284 times
24 Tue Jan 2023 618.60 614.45 627.95 614.45 0.276 times
23 Mon Jan 2023 616.75 629.05 639.00 612.00 0.567 times
20 Fri Jan 2023 628.55 639.40 640.00 621.55 0.431 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 683.8, for a target of 659.1 or 638.55

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 600.00
Downside Target 620.00
Downside Target 668.85
Downside 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 613.77
Downside Intraday Target 552.38
Upside Intraday Target 722.77
Upside Intraday Target 770.38
Downside Intraday Target 661.38

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
03 Fri Feb 2023 675.15 600.20 709.00 600.00 4.516 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
03 Fri Feb 2023 675.15 689.05 709.00 635.05 0.462 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 26, 13, 32 Buy
MACD -6, -15Buy
Stochastics 59None
CCI 103Buy
RSI 66Buy
OBV -11548Sell
VWAP 656Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 tired and bears are picking up momentum.

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

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 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 655.82 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 positive

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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