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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 2023-03-17 View latest technical analysis

10 day averaged volume of Forbes Co is 5373

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	617.30	617.05	625.00	614.00	0.215 times
16 Thu Mar 2023	612.25	613.05	622.65	608.00	0.167 times
15 Wed Mar 2023	621.40	613.05	639.00	612.30	3.465 times
14 Tue Mar 2023	621.75	610.15	628.40	610.15	0.227 times
13 Mon Mar 2023	618.95	615.05	632.95	608.75	0.911 times
10 Fri Mar 2023	617.65	639.00	639.65	610.50	0.253 times
09 Thu Mar 2023	634.05	615.60	645.00	601.70	3.331 times
08 Wed Mar 2023	617.20	610.05	630.00	610.00	0.307 times
06 Mon Mar 2023	616.75	615.80	633.70	607.00	0.441 times
03 Fri Mar 2023	616.00	620.90	625.00	600.00	0.35 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 614.4 as stoploss in an intra day buy trade for a target of 626.43. However, stock will show a bearish move below 614.4.

Share price targets for Forbes Co (ForbesCo)

Target Type	Value
Downside Target	599.85
Upside Target	626.05
Upside Target	639.00
Upside Target	645.90
Upside Target	650.00
Upside Target	673.90
Upside Target	680.00
Upside Target	690.00
Upside Target	709.00
Upside Target	720.00
Upside Target	738.00

Intraday share price targets for Forbes Co (ForbesCo)

Target Type	Value
Downside Intraday Target	603.87
Downside Intraday Target	590.43
Upside Intraday Target	634.87
Upside Intraday Target	652.43
Upside Intraday Target	621.43

Weekly technical analysis of Forbes Co (ForbesCo)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	617.30	615.05	639.00	608.00	1.15 times
10 Fri Mar 2023	617.65	615.80	645.00	601.70	3.452 times
03 Fri Mar 2023	616.00	645.55	645.90	599.85	1.037 times
24 Fri Feb 2023	636.20	665.00	673.90	626.05	0.793 times
17 Fri Feb 2023	648.25	642.25	680.00	608.00	1.036 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
17 Fri Mar 2023	617.30	644.85	645.00	599.85	1.236 times
28 Tue Feb 2023	627.20	689.05	709.00	608.00	0.987 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

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)

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short 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 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 to mid 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.

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 SELL signal for Forbes Co in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Forbes Co in short term but BUY 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 624.65 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.