(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.