(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 2023-02-07 View latest technical analysis
10 day averaged volume of Forbes Co is 4168
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue Feb 2023 | 643.30 | 649.05 | 662.95 | 632.10 | 0.509 times |
| 06 Mon Feb 2023 | 655.25 | 675.15 | 675.15 | 642.00 | 0.178 times |
| 03 Fri Feb 2023 | 675.15 | 648.70 | 694.00 | 640.25 | 1.456 times |
| 02 Thu Feb 2023 | 652.20 | 650.15 | 679.00 | 635.05 | 1.143 times |
| 01 Wed Feb 2023 | 666.45 | 689.05 | 709.00 | 653.25 | 2.444 times |
| 31 Tue Jan 2023 | 675.50 | 605.05 | 682.00 | 600.00 | 2.731 times |
| 30 Mon Jan 2023 | 603.05 | 600.20 | 624.95 | 600.20 | 0.268 times |
| 27 Fri Jan 2023 | 605.20 | 605.60 | 619.95 | 601.00 | 0.729 times |
| 25 Wed Jan 2023 | 612.60 | 624.05 | 624.90 | 610.40 | 0.265 times |
| 24 Tue Jan 2023 | 618.60 | 614.45 | 627.95 | 614.45 | 0.257 times |
My analysis of stock is bullish for shortterm, and stock might move up till 658.6 or till 683. Use a stoploss of 638.2 and if this stock hits its stoploss, then it can fall down till 617.84
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 | 625.22 |
| Downside Intraday Target | 607.13 |
| Upside Intraday Target | 668.27 |
| Upside Intraday Target | 693.23 |
| Upside Intraday Target | 650.18 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue Feb 2023 | 643.30 | 675.15 | 675.15 | 632.10 | 0.085 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 |
| 07 Tue Feb 2023 | 643.30 | 689.05 | 709.00 | 632.10 | 0.525 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 | 21, 14, 21 | Buy |
| MACD | -5, -11 | Buy |
| Stochastics | 53 | None |
| CCI | 15 | Sell |
| RSI | 63 | Buy |
| OBV | -10172 | Sell |
| VWAP | 658 | 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 losing momentum.
MACD generated a BUY signal for Forbes Co in short term but the buy signal is initial and weak.
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 below 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
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 658.34 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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