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(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 2024-07-01 View latest technical analysis

10 day averaged volume of Forum Energy is 58830

Date Daily Closing Price Open High Low Volume
01 Mon Jul 2024 16.52 16.90 17.32 16.46 0.508 times
28 Fri Jun 2024 16.86 16.89 17.49 16.52 5.183 times
27 Thu Jun 2024 16.71 16.71 16.92 16.35 0.444 times
26 Wed Jun 2024 16.53 16.41 16.71 16.28 0.656 times
25 Tue Jun 2024 16.50 16.57 16.71 16.48 0.26 times
24 Mon Jun 2024 16.73 16.52 17.05 16.15 0.386 times
21 Fri Jun 2024 16.60 16.93 17.14 16.52 0.872 times
20 Thu Jun 2024 16.93 16.77 17.10 16.77 0.405 times
18 Tue Jun 2024 16.84 16.99 17.71 16.82 0.602 times
18 Tue Jun 2024 16.84 16.99 17.71 16.82 0.602 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 16.5 as stoploss in an intra day buy trade for a target of 16.94. However, stock will show a bearish move below 16.5.

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 16.10
Upside Target 17.32
Upside Target 17.71
Upside Target 18.05
Upside Target 18.52
Upside Target 18.76
Upside Target 19.88
Upside Target 20.46
Upside Target 20.54

Intraday share price targets for Forum Energy (FET)

Target Type Value
Downside Intraday Target 16.21
Downside Intraday Target 15.91
Upside Intraday Target 17.07
Upside Intraday Target 17.63
Upside Intraday Target 16.77

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
01 Mon Jul 2024 16.52 16.90 17.32 16.46 0.073 times
28 Fri Jun 2024 16.86 16.52 17.49 16.15 3.689 times
21 Fri Jun 2024 16.60 16.99 17.71 16.52 1.574 times
18 Tue Jun 2024 16.84 17.00 17.71 16.75 0.477 times
14 Fri Jun 2024 17.23 17.18 18.76 16.75 0.514 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
01 Mon Jul 2024 16.52 16.90 17.32 16.46 0.029 times
28 Fri Jun 2024 16.86 18.23 18.76 16.10 1.426 times
31 Fri May 2024 18.24 18.56 19.88 17.45 1.181 times
30 Tue Apr 2024 18.65 20.00 20.46 18.52 0.804 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 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 Forum Energy ( (FET) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Forum Energy in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Forum Energy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 but selling 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 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 16.78 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 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 Forum Energy ( (FET) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Forum Energy in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Forum Energy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 but selling 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 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 16.78 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.

Daily charts

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