(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.
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