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 2023-09-28 View latest technical analysis

10 day averaged volume of Forbes Co is 11943

Date Daily Closing Price Open High Low Volume
28 Thu Sep 2023 660.35 667.90 674.70 650.00 0.125 times
27 Wed Sep 2023 658.25 673.00 673.00 655.05 0.147 times
26 Tue Sep 2023 668.50 674.00 674.00 665.00 0.112 times
25 Mon Sep 2023 664.65 668.60 674.90 651.00 0.108 times
22 Fri Sep 2023 668.60 665.00 679.80 665.00 0.079 times
21 Thu Sep 2023 669.05 673.00 685.00 660.10 0.191 times
20 Wed Sep 2023 670.50 683.80 691.95 660.55 0.616 times
18 Mon Sep 2023 676.95 665.15 687.00 665.00 4.131 times
15 Fri Sep 2023 671.95 676.05 680.00 662.20 4.268 times
14 Thu Sep 2023 679.60 684.90 685.00 667.00 0.193 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 661.8, but if it comes above 661.8, then a intra day buy could be more profitable.
If you take a sell trade below 661.8, then use 661.8 as stoploss and 654.5 as target. However if you take a buy trade in stock , then use 661.8 as stoploss and 667.87 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 674.90
Upside Target 685.00
Upside Target 691.95
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 648.6
Downside Intraday Target 636.85
Upside Intraday Target 673.5
Upside Intraday Target 686.65
Upside Intraday Target 661.75

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
28 Thu Sep 2023 660.35 668.60 674.90 650.00 0.098 times
22 Fri Sep 2023 668.60 665.15 691.95 660.10 0.915 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

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
28 Thu Sep 2023 660.35 674.95 710.00 650.00 3.223 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Forbes Co stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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 SELL signal for Forbes Co in short term and SELL 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

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 673.53 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Forbes Co stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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 SELL signal for Forbes Co in short term and SELL 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

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 673.53 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