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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 2024-11-11 View latest technical analysis

10 day averaged volume of Forum Energy is 50280

Date Daily Closing Price Open High Low Volume
11 Mon Nov 2024 15.80 15.75 16.09 15.74 1.649 times
08 Fri Nov 2024 15.89 16.29 16.48 15.88 0.955 times
07 Thu Nov 2024 16.44 15.93 16.68 15.93 1.026 times
06 Wed Nov 2024 15.97 15.25 16.00 15.24 2.494 times
05 Tue Nov 2024 15.07 14.80 15.35 14.80 0.567 times
04 Mon Nov 2024 14.84 13.90 15.06 13.86 0.821 times
01 Fri Nov 2024 13.96 12.83 14.22 12.83 0.869 times
31 Thu Oct 2024 13.98 14.02 14.16 13.91 1.016 times
30 Wed Oct 2024 14.02 14.13 14.20 13.95 0.529 times
29 Tue Oct 2024 14.00 14.31 14.33 13.93 1.42 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.6, but if it comes below 15.6, then a intra day sell could be more profitable.
If you take a sell trade below 15.6, then use 15.6 as stoploss and 14.86 as target. However if you take a buy trade in stock , then use 15.6 as stoploss and 16.5 as target.

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 12.83
Downside Target 13.86
Downside Target 14.46
Downside Target 15.64
Downside Target 15.74
Upside Target 16.09
Upside Target 16.39
Upside Target 16.68
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 15.66
Downside Intraday Target 15.53
Upside Intraday Target 16.01
Upside Intraday Target 16.23
Upside Intraday Target 15.88

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
11 Mon Nov 2024 15.80 15.75 16.09 15.74 0.281 times
08 Fri Nov 2024 15.89 13.90 16.68 13.86 1.417 times
01 Fri Nov 2024 13.96 14.21 14.46 12.83 1.452 times
25 Fri Oct 2024 14.40 14.98 14.98 14.06 0.725 times
18 Fri Oct 2024 14.82 15.59 15.64 14.52 1.897 times

Price has moved down 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
11 Mon Nov 2024 15.80 12.83 16.68 12.83 0.576 times
31 Thu Oct 2024 13.98 15.36 16.39 13.91 0.82 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

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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Forum Energy in short term but the buy signal is initial and weak.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Forum Energy in short term but SELL 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 15.18 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Forum Energy in short term but the buy signal is initial and weak.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Forum Energy in short term but SELL 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 15.18 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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