(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, -15 | Buy |
| Stochastics | 59 | None |
| CCI | 103 | Buy |
| RSI | 66 | Buy |
| OBV | -11548 | Sell |
| VWAP | 656 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
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.
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