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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 2024-07-31 View latest technical analysis

10 day averaged volume of Forum Energy is 58839

Date Daily Closing Price Open High Low Volume
31 Wed Jul 2024 18.45 18.14 18.53 18.09 0.838 times
30 Tue Jul 2024 18.00 17.81 18.06 17.44 3.501 times
29 Mon Jul 2024 17.70 18.47 18.50 17.58 1.062 times
26 Fri Jul 2024 18.27 18.34 18.42 17.98 0.44 times
25 Thu Jul 2024 18.14 17.35 18.26 17.34 0.702 times
24 Wed Jul 2024 17.21 17.74 17.95 17.15 0.751 times
23 Tue Jul 2024 17.77 17.52 17.90 17.40 0.53 times
22 Mon Jul 2024 17.65 17.27 17.79 17.27 0.608 times
19 Fri Jul 2024 17.48 17.52 17.86 17.42 0.651 times
18 Thu Jul 2024 17.55 17.52 17.73 17.43 0.822 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18, but if it comes below 18, then a intra day sell could be more profitable.
If you take a sell trade below 18, then use 18 as stoploss and 17.04 as target. However if you take a buy trade in stock , then use 18 as stoploss and 19.2 as target.

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 15.27
Downside Target 16.10
Downside Target 17.15
Downside Target 17.93
Downside Target 18.42
Upside Target 18.52
Upside Target 18.53
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 17.75
Downside Intraday Target 17.05
Upside Intraday Target 18.84
Upside Intraday Target 19.23
Downside Intraday Target 18.14

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
31 Wed Jul 2024 18.45 18.47 18.53 17.44 1.781 times
26 Fri Jul 2024 18.27 17.27 18.42 17.15 0.823 times
19 Fri Jul 2024 17.48 16.33 17.93 16.19 1.227 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Forum Energy (FET)

Date Monthly Closing Price Open High Low Volume
31 Wed Jul 2024 18.45 16.90 18.53 15.27 1.077 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the buy signal is strong.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone

Stock of Forum Energy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.86 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the buy signal is strong.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone

Stock of Forum Energy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.86 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.

Daily charts

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