(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 2024-01-05 View latest technical analysis
10 day averaged volume of Forbes Co is 2800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jan 2024 | 813.40 | 785.00 | 820.00 | 765.80 | 3.364 times |
| 04 Thu Jan 2024 | 764.85 | 765.00 | 770.00 | 752.50 | 0.939 times |
| 03 Wed Jan 2024 | 760.70 | 758.55 | 774.00 | 750.00 | 1.673 times |
| 02 Tue Jan 2024 | 758.55 | 754.00 | 764.20 | 745.35 | 0.507 times |
| 01 Mon Jan 2024 | 763.45 | 745.45 | 764.95 | 745.45 | 0.274 times |
| 29 Fri Dec 2023 | 745.45 | 755.00 | 769.90 | 741.55 | 0.686 times |
| 28 Thu Dec 2023 | 757.20 | 744.90 | 769.00 | 728.20 | 2.056 times |
| 27 Wed Dec 2023 | 735.85 | 760.00 | 771.90 | 732.00 | 1.389 times |
| 26 Tue Dec 2023 | 741.45 | 748.45 | 772.00 | 738.00 | 1.186 times |
| 22 Fri Dec 2023 | 748.45 | 760.00 | 764.80 | 736.05 | 0.267 times |
Stock of Forbes Co (ForbesCo) has showed a significant upmove. This could be a good time to enter in this stock!
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 805.4, for a target of 783.1 or 764.58
Share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Target | 591.30 |
| Downside Target | 645.00 |
| Downside Target | 707.00 |
| Downside Target | 745.35 |
| Downside Target | 775.30 |
| Downside Target | 777.00 |
| Upside Target | 820.00 |
| Upside Target | 855.50 |
| Upside Target | 905.00 |
Intraday share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Intraday Target | 765.83 |
| Downside Intraday Target | 718.27 |
| Upside Intraday Target | 840.48 |
| Upside Intraday Target | 867.57 |
| Downside Intraday Target | 792.92 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jan 2024 | 813.40 | 745.45 | 820.00 | 745.35 | 1.271 times |
| 29 Fri Dec 2023 | 745.45 | 748.45 | 772.00 | 728.20 | 0.91 times |
| 22 Fri Dec 2023 | 748.45 | 761.25 | 777.00 | 718.00 | 1.034 times |
| 15 Fri Dec 2023 | 761.20 | 820.00 | 820.00 | 760.00 | 0.323 times |
| 08 Fri Dec 2023 | 786.45 | 800.00 | 855.50 | 775.30 | 1.505 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 |
| 05 Fri Jan 2024 | 813.40 | 745.45 | 820.00 | 745.35 | 0.18 times |
| 29 Fri Dec 2023 | 745.45 | 796.00 | 855.50 | 718.00 | 0.324 times |
| 30 Thu Nov 2023 | 781.55 | 664.95 | 905.00 | 645.00 | 2.218 times |
| 31 Tue Oct 2023 | 660.80 | 674.40 | 707.00 | 591.30 | 1.031 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 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 short 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 short to mid 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 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 green color and prices are above the green 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 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 769.01 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.
Price action analysis of Forbes Co ( (ForbesCo) ) based on a short 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 short 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 short to mid 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 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 green color and prices are above the green 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 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 769.01 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.
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