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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 2024-10-04 View latest technical analysis

10 day averaged volume of Forum Energy is 37680

Date Daily Closing Price Open High Low Volume
04 Fri Oct 2024 16.16 15.64 16.33 15.63 1.032 times
03 Thu Oct 2024 15.60 15.75 15.82 15.49 1.064 times
02 Wed Oct 2024 15.69 15.75 15.83 15.46 0.417 times
01 Tue Oct 2024 15.59 15.36 15.76 15.36 0.725 times
30 Mon Sep 2024 15.46 15.80 16.03 15.39 1.056 times
27 Fri Sep 2024 15.94 16.19 16.35 15.75 0.552 times
26 Thu Sep 2024 15.99 16.14 16.50 15.94 1.083 times
25 Wed Sep 2024 16.28 16.37 16.51 16.08 0.706 times
24 Tue Sep 2024 16.83 17.12 17.22 16.76 0.65 times
23 Mon Sep 2024 16.92 16.55 16.96 16.47 0.727 times

My analysis of stock is bullish for shortterm, and stock might move up till 16.5 or till 17.1. Use a stoploss of 15.94 and if this stock hits its stoploss, then it can fall down till 15.43

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 14.63
Downside Target 15.27
Downside Target 15.75
Upside Target 16.33
Upside Target 16.71
Upside Target 17.22
Upside Target 17.28
Upside Target 18.53
Upside Target 18.76

Intraday share price targets for Forum Energy (FET)

Target Type Value
Downside Intraday Target 15.57
Downside Intraday Target 14.98
Upside Intraday Target 16.54
Upside Intraday Target 16.92
Downside Intraday Target 15.95

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
04 Fri Oct 2024 16.16 15.80 16.33 15.36 1.155 times
27 Fri Sep 2024 15.94 16.55 17.22 15.75 0.538 times
20 Fri Sep 2024 16.61 15.84 16.71 15.75 1.136 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

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
04 Fri Oct 2024 16.16 15.36 16.33 15.36 0.137 times
30 Mon Sep 2024 15.46 17.28 17.28 14.63 0.478 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

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 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 short to mid 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

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 16.01 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 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 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 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 short to mid 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

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 16.01 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 negative.

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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