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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 2023-09-29 View latest technical analysis

10 day averaged volume of Forbes Co is 11907

Date Daily Closing Price Open High Low Volume
29 Fri Sep 2023 663.40 661.00 666.00 653.25 0.075 times
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 0.148 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 0.192 times
20 Wed Sep 2023 670.50 683.80 691.95 660.55 0.618 times
18 Mon Sep 2023 676.95 665.15 687.00 665.00 4.143 times
15 Fri Sep 2023 671.95 676.05 680.00 662.20 4.281 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 661.8 as stoploss in an intra day buy trade for a target of 667.86. However, stock will show a bearish move below 661.8.

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 650.63
Downside Intraday Target 637.87
Upside Intraday Target 675.53
Upside Intraday Target 687.67
Downside Intraday Target 662.77

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
29 Fri Sep 2023 663.40 668.60 674.90 650.00 0.113 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
29 Fri Sep 2023 663.40 674.95 710.00 650.00 3.243 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 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 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 losing 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 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 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

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 673.34 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 positive

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 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 losing 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 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 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

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 673.34 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 positive

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

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