(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 2024-07-18 View latest technical analysis
10 day averaged volume of Forum Energy is 41794
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 17.55 | 17.52 | 17.73 | 17.43 | 1.158 times |
| 17 Wed Jul 2024 | 17.20 | 17.70 | 17.93 | 16.87 | 1.311 times |
| 16 Tue Jul 2024 | 17.57 | 17.14 | 17.61 | 17.14 | 0.948 times |
| 15 Mon Jul 2024 | 17.04 | 16.33 | 17.13 | 16.19 | 0.853 times |
| 12 Fri Jul 2024 | 16.15 | 16.05 | 16.25 | 15.81 | 0.766 times |
| 11 Thu Jul 2024 | 16.07 | 15.78 | 16.17 | 15.77 | 1.634 times |
| 10 Wed Jul 2024 | 15.63 | 15.45 | 15.71 | 15.41 | 0.431 times |
| 09 Tue Jul 2024 | 15.43 | 15.49 | 15.79 | 15.43 | 0.457 times |
| 08 Mon Jul 2024 | 15.81 | 15.66 | 16.18 | 15.28 | 0.94 times |
| 05 Fri Jul 2024 | 15.48 | 16.15 | 16.15 | 15.27 | 1.962 times |
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 17.8, for a target of 17 or 16.44
Share price targets for Forum Energy (FET)
| Target Type | Value |
| Downside Target | 15.27 |
| Downside Target | 15.80 |
| Downside Target | 17.32 |
| Upside Target | 17.93 |
| 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 | 16.52 |
| Downside Intraday Target | 15.48 |
| Upside Intraday Target | 18.26 |
| Upside Intraday Target | 18.96 |
| Downside Intraday Target | 17.22 |
Weekly technical analysis of Forum Energy (FET)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 17.55 | 16.33 | 17.93 | 16.19 | 1.01 times |
| 12 Fri Jul 2024 | 16.15 | 15.66 | 16.25 | 15.28 | 1.589 times |
| 05 Fri Jul 2024 | 15.48 | 16.02 | 16.25 | 15.27 | 1.116 times |
| 03 Wed Jul 2024 | 16.20 | 16.90 | 17.32 | 15.80 | 0.244 times |
| 28 Fri Jun 2024 | 16.86 | 16.52 | 17.49 | 16.15 | 3.689 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 Forum Energy (FET)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 17.55 | 16.90 | 17.93 | 15.27 | 0.554 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 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 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 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 to mid 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 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 Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 and BUY 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 16.42 and Forum Energy (FET) 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 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 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 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 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 to mid 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 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 Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 and BUY 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 16.42 and Forum Energy (FET) 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.