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 2023-09-18 View latest technical analysis

10 day averaged volume of Forbes Co is 7394

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Sep 2023	676.95	665.15	687.00	665.00	6.672 times
15 Fri Sep 2023	671.95	676.05	680.00	662.20	6.893 times
14 Thu Sep 2023	679.60	684.90	685.00	667.00	0.311 times
13 Wed Sep 2023	674.50	664.00	680.00	650.10	0.251 times
12 Tue Sep 2023	656.85	693.00	693.00	650.00	0.371 times
11 Mon Sep 2023	666.45	677.90	710.00	665.00	1.035 times
08 Fri Sep 2023	677.75	675.00	684.00	668.50	0.135 times
07 Thu Sep 2023	669.70	665.00	685.00	665.00	0.421 times
06 Wed Sep 2023	667.00	659.05	670.00	659.05	0.081 times
05 Tue Sep 2023	666.60	658.00	670.90	658.00	0.275 times

Stock of Forbes Co (ForbesCo) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 674.7, but if it comes below 674.7, then a intra day sell could be more profitable.
If you take a sell trade below 674.7, then use 674.7 as stoploss and 668.3 as target. However if you take a buy trade in stock , then use 674.7 as stoploss and 682.3 as target.

Share price targets for Forbes Co (ForbesCo)

Target Type	Value
Downside Target	570.60
Downside Target	615.00
Downside Target	642.30
Upside Target	685.00
Upside Target	687.00
Upside Target	695.85
Upside Target	709.00
Upside Target	710.00
Upside Target	715.00

Intraday share price targets for Forbes Co (ForbesCo)

Target Type	Value
Downside Intraday Target	665.63
Downside Intraday Target	654.32
Upside Intraday Target	687.63
Upside Intraday Target	698.32
Downside Intraday Target	676.32

Weekly technical analysis of Forbes Co (ForbesCo)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Sep 2023	676.95	665.15	687.00	665.00	0.753 times
15 Fri Sep 2023	671.95	677.90	710.00	650.00	7.789 times
08 Fri Sep 2023	677.75	675.45	685.00	656.30	1.179 times
01 Fri Sep 2023	662.20	665.00	685.00	655.05	0.729 times
25 Fri Aug 2023	663.45	655.00	695.85	655.00	1.796 times

Price has moved up 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
18 Mon Sep 2023	676.95	674.95	710.00	650.00	2.846 times
31 Thu Aug 2023	663.70	688.00	709.00	642.30	0.561 times
31 Mon Jul 2023	686.80	594.50	715.00	585.00	2.062 times
30 Fri Jun 2023	594.50	596.75	615.00	570.60	1.221 times

Scroll below to view daily charts

Price has moved up 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy 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 weakening, and bulls 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 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 673.35 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.