(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 2023-02-06 View latest technical analysis
10 day averaged volume of Forbes Co is 4261
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Feb 2023 | 655.25 | 675.15 | 675.15 | 642.00 | 0.174 times |
| 03 Fri Feb 2023 | 675.15 | 648.70 | 694.00 | 640.25 | 1.424 times |
| 02 Thu Feb 2023 | 652.20 | 650.15 | 679.00 | 635.05 | 1.118 times |
| 01 Wed Feb 2023 | 666.45 | 689.05 | 709.00 | 653.25 | 2.391 times |
| 31 Tue Jan 2023 | 675.50 | 605.05 | 682.00 | 600.00 | 2.671 times |
| 30 Mon Jan 2023 | 603.05 | 600.20 | 624.95 | 600.20 | 0.262 times |
| 27 Fri Jan 2023 | 605.20 | 605.60 | 619.95 | 601.00 | 0.713 times |
| 25 Wed Jan 2023 | 612.60 | 624.05 | 624.90 | 610.40 | 0.259 times |
| 24 Tue Jan 2023 | 618.60 | 614.45 | 627.95 | 614.45 | 0.252 times |
| 23 Mon Jan 2023 | 616.75 | 629.05 | 639.00 | 612.00 | 0.517 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 659.8 as stoploss in an intra day sell trade for a target of 638.95. However, stock will show a bullish move above 659.8.
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 | 675.15 |
| 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 | 639.78 |
| Downside Intraday Target | 624.32 |
| Upside Intraday Target | 672.93 |
| Upside Intraday Target | 690.62 |
| Upside Intraday Target | 657.47 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Feb 2023 | 655.25 | 675.15 | 675.15 | 642.00 | 0.022 times |
| 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 |
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 |
| 06 Mon Feb 2023 | 655.25 | 689.05 | 709.00 | 635.05 | 0.478 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 | 23, 12, 32 | Buy |
| MACD | -5, -13 | Buy |
| Stochastics | 56 | None |
| CCI | 53 | Sell |
| RSI | 63 | Buy |
| OBV | -10300 | Sell |
| VWAP | 657 | Sell |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 coming down
CCI has generated a SELL signal for Forbes Co in short term but SELL signal is weak.
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 656.91 and Forbes Co (ForbesCo) stock is trading below this level. This means that stock is falling with high volumes. 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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