(FET) Forum Energy complete technical analysis [charts+indicators] | Buy/Sell Forum Energy | (FET) share price targets
Complete technical analysis of Forum Energy (FET) by charts plus indicators, forecast predictions and share price targets for Forum Energy (FET)
Forum Energy trades in USA in Energy sector.
10 day averaged volume of Forum Energy is 30106
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 18.61 | 18.54 | 18.66 | 18.18 | 0.573 times |
16 Thu May 2024 | 18.48 | 18.25 | 18.49 | 17.90 | 0.892 times |
15 Wed May 2024 | 18.22 | 18.62 | 18.71 | 17.99 | 1.165 times |
14 Tue May 2024 | 18.54 | 18.33 | 18.76 | 18.33 | 0.9 times |
13 Mon May 2024 | 18.25 | 19.08 | 19.11 | 18.20 | 1.422 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 18.5 as stoploss in an intra day buy trade for a target of 18.98. However, stock will show a bearish move below 18.5.
Share price targets for Forum Energy (FET)
Target Type | Value |
Downside Target | 17.65 |
Downside Target | 18.52 |
Upside Target | 19.71 |
Upside Target | 19.88 |
Upside Target | 19.92 |
Upside Target | 20.13 |
Upside Target | 20.46 |
Upside Target | 20.54 |
Upside Target | 20.85 |
Upside Target | 23.21 |
Intraday share price targets for Forum Energy (FET)
Target Type | Value |
Downside Intraday Target | 17.97 |
Downside Intraday Target | 17.33 |
Upside Intraday Target | 19.18 |
Upside Intraday Target | 19.75 |
Downside Intraday Target | 18.54 |
Weekly technical analysis of Forum Energy (FET)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 18.61 | 19.08 | 19.11 | 17.90 | 0.981 times |
10 Fri May 2024 | 19.08 | 18.62 | 19.88 | 18.62 | 1.048 times |
03 Fri May 2024 | 18.51 | 19.71 | 19.71 | 18.00 | 1.115 times |
26 Fri Apr 2024 | 19.53 | 19.53 | 19.92 | 19.08 | 0.754 times |
19 Fri Apr 2024 | 19.55 | 19.61 | 20.13 | 18.78 | 1.569 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 Forum Energy (FET)
Date | Monthly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 18.61 | 18.56 | 19.88 | 17.90 | 0.644 times |
30 Tue Apr 2024 | 18.65 | 20.00 | 20.46 | 18.52 | 0.804 times |
28 Thu Mar 2024 | 19.98 | 19.89 | 20.54 | 18.05 | 1.157 times |
29 Thu Feb 2024 | 20.01 | 19.58 | 20.85 | 17.65 | 1.079 times |
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 Forum Energy (FET)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 19, 23, 10 | Sell |
MACD | -0, -0 | Sell |
Stochastics | 26 | Sell |
CCI | -57 | Buy |
RSI | 46 | Sell |
OBV | -37863 | Sell |
VWAP | 19 | Sell |
ADL | 0 | Sell |
ROC | 1 | Buy |
Force Index | 0 | Sell |
Price action analysis of Forum Energy ( (FET) ) 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 Forum Energy ( (FET) ) 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 Forum Energy ( (FET) ) 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 Forum Energy ( (FET) ) based on a mid to longer 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.
ADX buy sell signal for Forum Energy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Forum Energy in short term and the sell signal is strong.
Forum Energy 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Forum Energy in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Forum Energy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.79 and Forum Energy (FET) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Forum Energy (FET) stock. Volume based technical analysis of Forum Energy (FET) stock is negative.
Forum Energy Stock is giving positive 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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