(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 2024-08-02 View latest technical analysis
10 day averaged volume of Forum Energy is 61250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 16.57 | 16.51 | 17.69 | 16.44 | 1.096 times |
| 01 Thu Aug 2024 | 17.33 | 18.17 | 18.25 | 17.24 | 1.273 times |
| 31 Wed Jul 2024 | 18.45 | 18.14 | 18.53 | 18.09 | 0.805 times |
| 30 Tue Jul 2024 | 18.00 | 17.81 | 18.06 | 17.44 | 3.363 times |
| 29 Mon Jul 2024 | 17.70 | 18.47 | 18.50 | 17.58 | 1.02 times |
| 26 Fri Jul 2024 | 18.27 | 18.34 | 18.42 | 17.98 | 0.423 times |
| 25 Thu Jul 2024 | 18.14 | 17.35 | 18.26 | 17.34 | 0.674 times |
| 24 Wed Jul 2024 | 17.21 | 17.74 | 17.95 | 17.15 | 0.722 times |
| 23 Tue Jul 2024 | 17.77 | 17.52 | 17.90 | 17.40 | 0.509 times |
| 22 Mon Jul 2024 | 17.65 | 17.27 | 17.79 | 17.27 | 0.584 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 16.3 as stoploss in an intra day buy trade for a target of 17.15. However, stock will show a bearish move below 16.3.
Share price targets for Forum Energy (FET)
| Target Type | Value |
| Downside Target | 15.27 |
| Downside Target | 16.10 |
| Upside Target | 17.15 |
| Upside Target | 17.93 |
| Upside Target | 18.25 |
| Upside Target | 18.42 |
| Upside Target | 18.52 |
| Upside Target | 18.53 |
| Upside Target | 18.76 |
| Upside Target | 19.88 |
| Upside Target | 20.46 |
Intraday share price targets for Forum Energy (FET)
| Target Type | Value |
| Downside Intraday Target | 15.83 |
| Downside Intraday Target | 15.09 |
| Upside Intraday Target | 17.92 |
| Upside Intraday Target | 19.27 |
| Upside Intraday Target | 17.18 |
Weekly technical analysis of Forum Energy (FET)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 16.57 | 18.47 | 18.53 | 16.44 | 2.595 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 down 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 |
| 02 Fri Aug 2024 | 16.57 | 18.17 | 18.25 | 16.44 | 0.132 times |
| 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Forum Energy ( (FET) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Forum Energy in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 17.71 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Forum Energy ( (FET) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Forum Energy in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 17.71 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.