(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.
Showing technical analysis as on 2024-03-07 View latest technical analysis
10 day averaged volume of Forum Energy is 28670
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 18.83 | 18.98 | 19.36 | 18.70 | 1.42 times |
06 Wed Mar 2024 | 18.81 | 18.97 | 19.46 | 18.66 | 0.781 times |
05 Tue Mar 2024 | 18.81 | 19.51 | 20.10 | 18.67 | 0.935 times |
04 Mon Mar 2024 | 19.50 | 19.20 | 19.95 | 19.20 | 2.121 times |
01 Fri Mar 2024 | 19.20 | 19.89 | 19.89 | 18.69 | 1.151 times |
29 Thu Feb 2024 | 20.01 | 19.70 | 20.85 | 19.70 | 0.75 times |
28 Wed Feb 2024 | 19.43 | 19.27 | 19.86 | 19.27 | 0.875 times |
27 Tue Feb 2024 | 19.51 | 19.25 | 19.69 | 19.25 | 0.373 times |
26 Mon Feb 2024 | 19.12 | 19.17 | 19.55 | 18.87 | 0.715 times |
23 Fri Feb 2024 | 19.34 | 18.77 | 19.55 | 18.77 | 0.938 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 18.6 as stoploss in an intra day buy trade for a target of 19.12. However, stock will show a bearish move below 18.6.
Share price targets for Forum Energy (FET)
Target Type | Value |
Downside Target | 17.65 |
Downside Target | 18.29 |
Upside Target | 19.20 |
Upside Target | 19.73 |
Upside Target | 20.15 |
Upside Target | 20.52 |
Upside Target | 20.85 |
Upside Target | 21.08 |
Upside Target | 23.21 |
Upside Target | 23.82 |
Upside Target | 24.48 |
Intraday share price targets for Forum Energy (FET)
Target Type | Value |
Downside Intraday Target | 18.29 |
Downside Intraday Target | 17.76 |
Upside Intraday Target | 19.73 |
Upside Intraday Target | 20.64 |
Upside Intraday Target | 19.2 |
Weekly technical analysis of Forum Energy (FET)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 18.83 | 19.20 | 20.10 | 18.66 | 1.36 times |
01 Fri Mar 2024 | 19.20 | 19.17 | 20.85 | 18.69 | 0.942 times |
23 Fri Feb 2024 | 19.34 | 19.78 | 20.15 | 18.50 | 0.446 times |
16 Fri Feb 2024 | 20.06 | 18.94 | 20.52 | 17.65 | 2.133 times |
09 Fri Feb 2024 | 18.93 | 18.72 | 19.73 | 18.29 | 0.934 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 |
07 Thu Mar 2024 | 18.83 | 19.89 | 20.10 | 18.66 | 0.282 times |
29 Thu Feb 2024 | 20.01 | 19.58 | 20.85 | 17.65 | 1.037 times |
31 Wed Jan 2024 | 19.71 | 23.21 | 23.21 | 19.20 | 0.807 times |
29 Fri Dec 2023 | 22.17 | 21.61 | 23.82 | 19.31 | 1.195 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 Forum Energy (FET)
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.
MACD generated a BUY signal for Forum Energy in short term but the buy signal is initial and weak.
Forum Energy 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 Forum Energy in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 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 19.24 and Forum Energy (FET) 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 Forum Energy (FET) stock. Volume based technical analysis of Forum Energy (FET) stock is negative.
Forum Energy Stock has given negative 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.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.
MACD generated a BUY signal for Forum Energy in short term but the buy signal is initial and weak.
Forum Energy 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 Forum Energy in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 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 19.24 and Forum Energy (FET) 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 Forum Energy (FET) stock. Volume based technical analysis of Forum Energy (FET) stock is negative.
Forum Energy Stock has given negative 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.