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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 2024-09-17 View latest technical analysis

10 day averaged volume of Forum Energy is 47340

Date Daily Closing Price Open High Low Volume
17 Tue Sep 2024 16.45 16.04 16.60 16.04 0.809 times
16 Mon Sep 2024 15.89 15.84 15.97 15.75 0.463 times
13 Fri Sep 2024 15.77 15.49 15.83 15.48 0.731 times
12 Thu Sep 2024 15.26 15.19 15.58 15.00 0.788 times
11 Wed Sep 2024 15.20 15.30 15.41 14.63 1.213 times
10 Tue Sep 2024 15.21 15.40 15.40 14.94 1.303 times
09 Mon Sep 2024 15.47 15.96 16.16 15.45 0.813 times
06 Fri Sep 2024 16.00 16.40 16.41 15.90 0.613 times
05 Thu Sep 2024 16.41 16.81 16.81 16.26 0.955 times
04 Wed Sep 2024 16.70 16.72 17.08 16.67 1.367 times

My analysis of stock is bearish for shortterm, and stock might move down till 15.7 or till 14.4. Use a stoploss of 16.69 and if the stock hits stoploss, then it can shoot up till 17.72

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 14.63
Downside Target 15.27
Downside Target 15.75
Upside Target 16.60
Upside Target 17.13
Upside Target 17.45
Upside Target 17.90
Upside Target 18.53
Upside Target 18.76
Upside Target 19.88

Intraday share price targets for Forum Energy (FET)

Target Type Value
Downside Intraday Target 15.93
Downside Intraday Target 15.42
Upside Intraday Target 16.78
Upside Intraday Target 17.12
Downside Intraday Target 16.27

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
17 Tue Sep 2024 16.45 15.84 16.60 15.75 0.262 times
13 Fri Sep 2024 15.77 15.96 16.16 14.63 1.034 times
06 Fri Sep 2024 16.00 17.28 17.28 15.90 3.389 times
30 Fri Aug 2024 17.35 17.90 17.90 17.13 0.189 times
30 Fri Aug 2024 17.35 18.20 18.76 17.13 0.555 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
17 Tue Sep 2024 16.45 17.28 17.28 14.63 0.274 times
30 Fri Aug 2024 17.35 18.17 18.76 14.84 1.695 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

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Forum Energy ( (FET) ) based on a short to mid 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.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Forum Energy in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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 BUY signal in short term and the buying is gaining 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 15.83 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Forum Energy ( (FET) ) based on a short to mid 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.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Forum Energy in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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 BUY signal in short term and the buying is gaining 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 15.83 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 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 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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