Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-03-31 View latest technical analysis

10 day averaged volume of Forbes Co is 3422

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 584.70 575.00 600.05 561.75 1.183 times
29 Wed Mar 2023 561.05 590.00 590.00 559.00 1.837 times
28 Tue Mar 2023 575.80 581.00 599.40 575.10 0.366 times
27 Mon Mar 2023 588.20 597.05 610.70 580.00 0.476 times
24 Fri Mar 2023 597.05 612.05 617.00 593.00 0.902 times
23 Thu Mar 2023 615.85 617.70 624.40 612.55 1.114 times
22 Wed Mar 2023 618.10 614.65 632.30 614.65 0.674 times
21 Tue Mar 2023 624.95 621.05 629.95 619.00 1.02 times
20 Mon Mar 2023 627.30 629.40 635.00 610.00 3.009 times
17 Fri Mar 2023 617.30 617.05 625.00 614.00 0.337 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 591.3, but if it comes above 591.3, then a intra day buy could be more profitable.
If you take a sell trade below 591.3, then use 591.3 as stoploss and 569.4 as target. However if you take a buy trade in stock , then use 591.3 as stoploss and 609.59 as target.

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 559.00
Upside Target 593.00
Upside Target 635.00
Upside Target 645.00
Upside Target 645.90
Upside Target 650.00
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 558.9
Downside Intraday Target 533.1
Upside Intraday Target 610.6
Upside Intraday Target 636.5
Upside Intraday Target 584.8

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 584.70 597.05 610.70 559.00 0.575 times
24 Fri Mar 2023 597.05 629.40 635.00 593.00 0.859 times
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

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
31 Fri Mar 2023 584.70 644.85 645.00 559.00 2.042 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, and volume has increased substantially. This means that the move can 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 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 short 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Forbes Co Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 603.34 and Forbes Co (ForbesCo) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short 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 short 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Forbes Co Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 603.34 and Forbes Co (ForbesCo) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

Click here for Forbes Co charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme