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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)

10 day averaged volume of Forbes Co is 7823

Date Daily Closing Price Open High Low Volume
16 Wed Jun 2021 2235.50 2192.00 2275.00 2189.05 0.864 times
15 Tue Jun 2021 2163.40 2047.45 2180.00 2000.00 0.737 times
14 Mon Jun 2021 2076.85 2086.00 2125.00 1963.05 0.632 times
11 Fri Jun 2021 2080.10 1993.30 2108.00 1940.10 0.833 times
10 Thu Jun 2021 1993.25 2048.00 2057.65 1974.90 0.309 times
09 Wed Jun 2021 2026.25 2165.00 2165.00 1974.00 0.475 times
08 Tue Jun 2021 2103.70 2100.00 2180.00 2095.00 0.64 times
07 Mon Jun 2021 2095.30 1973.00 2125.00 1973.00 1.087 times
04 Fri Jun 2021 1973.65 1969.00 1999.00 1931.00 0.355 times
03 Thu Jun 2021 1952.95 1951.00 2049.00 1930.00 1.225 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2306.2, for a target of 2090.1 or 1909.98

Share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Target 1300.00
Downside Target 1330.00
Downside Target 1565.00
Downside Target 1624.90
Downside Target 1728.00
Downside Target 1821.00
Downside Target 1940.10
Downside Target 1963.05
Downside Target 1971.00
Downside Target 2049.00
Downside Target 2180.00
Upside Target 2275.00

Intraday share price targets for Forbes Co (ForbesCo)

Target Type Value
Downside Intraday Target 2040.7
Downside Intraday Target 1845.9
Upside Intraday Target 2352.65
Upside Intraday Target 2469.8
Downside Intraday Target 2157.85

Weekly technical analysis of Forbes Co (ForbesCo)

Date Weekly Closing Price Open High Low Volume
16 Wed Jun 2021 2235.50 2086.00 2275.00 1963.05 0.668 times
11 Fri Jun 2021 2080.10 1973.00 2180.00 1940.10 0.524 times
04 Fri Jun 2021 1973.65 1700.00 2049.00 1666.00 3.137 times
28 Fri May 2021 1701.70 1820.00 1821.00 1624.90 1.473 times
21 Fri May 2021 1785.80 1650.00 1849.00 1650.00 1.601 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
16 Wed Jun 2021 2235.50 1750.00 2275.00 1728.00 1.942 times
31 Mon May 2021 1737.75 1690.00 1849.00 1624.90 1.444 times
30 Fri Apr 2021 1649.30 1772.00 1971.00 1565.00 0.309 times
31 Wed Mar 2021 1724.55 1340.00 1960.90 1330.00 2.686 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)

Indicator Name Indicator Value Indicator Signal
ADX 34, 9, 59 Buy
MACD 204, 164Buy
Stochastics 87Buy
CCI 201Buy
RSI 64Buy
OBV 67496Sell
VWAP 2077Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Forbes Co ( (ForbesCo) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2077.21 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.

Click here for Forbes Co charts

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Daily charts

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