(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 2024-06-04 View latest technical analysis
10 day averaged volume of Forbes Co is 2313
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 586.30 | 642.40 | 642.40 | 573.00 | 2.116 times |
| 03 Mon Jun 2024 | 634.60 | 637.05 | 649.45 | 604.60 | 1.433 times |
| 31 Fri May 2024 | 637.05 | 640.00 | 647.00 | 613.60 | 0.824 times |
| 30 Thu May 2024 | 638.30 | 660.00 | 670.05 | 635.05 | 0.896 times |
| 29 Wed May 2024 | 646.80 | 655.00 | 660.00 | 632.15 | 0.676 times |
| 28 Tue May 2024 | 650.70 | 669.50 | 674.40 | 646.20 | 0.92 times |
| 27 Mon May 2024 | 654.50 | 663.75 | 668.00 | 642.80 | 0.942 times |
| 24 Fri May 2024 | 663.75 | 664.40 | 678.20 | 652.10 | 1.1 times |
| 23 Thu May 2024 | 660.60 | 660.75 | 673.80 | 636.00 | 1.442 times |
| 22 Wed May 2024 | 660.75 | 684.45 | 684.45 | 655.80 | 0.618 times |
Stock of Forbes Co (ForbesCo) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 593.3, for a target of 622.8 or 647.39
Share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Target | 383.30 |
| Downside Target | 435.00 |
| Downside Target | 573.00 |
| Upside Target | 590.00 |
| Upside Target | 613.60 |
| Upside Target | 636.00 |
| Upside Target | 649.45 |
| Upside Target | 674.40 |
| Upside Target | 699.00 |
| Upside Target | 705.00 |
| Upside Target | 796.25 |
| Upside Target | 815.00 |
| Upside Target | 1270.00 |
| Upside Target | 1399.00 |
Intraday share price targets for Forbes Co (ForbesCo)
| Target Type | Value |
| Downside Intraday Target | 556.38 |
| Downside Intraday Target | 526.47 |
| Upside Intraday Target | 632.83 |
| Upside Intraday Target | 679.37 |
| Upside Intraday Target | 602.92 |
Weekly technical analysis of Forbes Co (ForbesCo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 586.30 | 637.05 | 649.45 | 573.00 | 0.834 times |
| 31 Fri May 2024 | 637.05 | 663.75 | 674.40 | 613.60 | 0.989 times |
| 24 Fri May 2024 | 663.75 | 669.00 | 699.00 | 636.00 | 0.46 times |
| 18 Sat May 2024 | 658.65 | 705.00 | 705.00 | 621.00 | 0.903 times |
| 10 Fri May 2024 | 649.80 | 668.95 | 678.00 | 590.00 | 0.22 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 |
| 04 Tue Jun 2024 | 586.30 | 637.05 | 649.45 | 573.00 | 0.097 times |
| 31 Fri May 2024 | 637.05 | 680.00 | 705.00 | 590.00 | 0.239 times |
| 30 Tue Apr 2024 | 672.35 | 435.00 | 796.25 | 435.00 | 0.891 times |
| 28 Thu Mar 2024 | 432.20 | 1279.80 | 1399.00 | 383.30 | 1.038 times |
Scroll below to view daily charts
Price has moved down 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Forbes Co in short term and the sell signal is strong.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 637.4 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Forbes Co in short term and the sell signal is strong.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 637.4 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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