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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 2024-08-26 View latest technical analysis

10 day averaged volume of Forum Energy is 98880

Date Daily Closing Price Open High Low Volume
26 Mon Aug 2024 18.75 18.20 18.76 18.20 0.872 times
23 Fri Aug 2024 17.91 17.01 18.01 17.01 0.788 times
22 Thu Aug 2024 16.96 16.66 17.03 16.59 0.636 times
21 Wed Aug 2024 16.70 17.09 17.09 16.68 0.538 times
20 Tue Aug 2024 16.92 16.72 17.09 16.62 0.845 times
19 Mon Aug 2024 16.53 16.07 16.97 15.55 3.512 times
16 Fri Aug 2024 16.07 15.98 16.68 15.98 1.337 times
15 Thu Aug 2024 16.06 15.76 16.29 15.74 0.661 times
14 Wed Aug 2024 15.44 15.62 15.62 14.84 0.74 times
13 Tue Aug 2024 15.69 15.92 15.92 15.60 0.337 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 18.7, for a target of 17.6 or 16.64

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 14.84
Downside Target 15.23
Downside Target 16.10
Downside Target 17.45
Downside Target 18.01
Downside 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 18.38
Downside Intraday Target 18.01
Upside Intraday Target 18.94
Upside Intraday Target 19.13
Downside Intraday Target 18.57

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
26 Mon Aug 2024 18.75 18.20 18.76 18.20 0.138 times
23 Fri Aug 2024 17.91 16.07 18.01 15.55 1.717 times
16 Fri Aug 2024 16.07 16.26 16.68 14.84 1.14 times
09 Fri Aug 2024 15.79 16.16 16.32 15.23 0.69 times
02 Fri Aug 2024 16.57 18.47 18.53 16.44 2.595 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
26 Mon Aug 2024 18.75 18.17 18.76 14.84 1.399 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 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 neutral. A longer time frame might give a better analysis.

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 BUY signal in short term and the buying is gaining 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 16.7 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 neutral. A longer time frame might give a better analysis.

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 BUY signal in short term and the buying is gaining 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 16.7 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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Daily chart
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