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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.

10 day averaged volume of Forum Energy is 27890

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 18.65 19.23 19.23 18.52 1.169 times
29 Mon Apr 2024 19.45 19.71 19.71 19.30 0.814 times
26 Fri Apr 2024 19.53 19.37 19.57 19.15 0.882 times
25 Thu Apr 2024 19.39 19.50 19.50 19.12 0.796 times
24 Wed Apr 2024 19.45 19.50 19.55 19.08 0.907 times
23 Tue Apr 2024 19.50 19.51 19.92 19.33 0.674 times
22 Mon Apr 2024 19.45 19.53 19.64 19.26 1.402 times
19 Fri Apr 2024 19.55 18.90 19.55 18.90 1.52 times
18 Thu Apr 2024 19.01 19.45 19.45 18.78 1.305 times
17 Wed Apr 2024 19.18 19.35 19.60 18.99 0.782 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 18.8, for a target of 19.2 or 19.53

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 17.65
Downside Target 18.05
Downside Target 18.52
Upside Target 19.71
Upside Target 20.13
Upside Target 20.38
Upside Target 20.46
Upside Target 20.54
Upside Target 20.85
Upside Target 23.21
Upside Target 23.82

Intraday share price targets for Forum Energy (FET)

Target Type Value
Downside Intraday Target 18.21
Downside Intraday Target 17.77
Upside Intraday Target 19.4
Upside Intraday Target 20.15
Upside Intraday Target 18.96

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 18.65 19.71 19.71 18.52 0.425 times
26 Fri Apr 2024 19.53 19.53 19.92 19.08 0.754 times
19 Fri Apr 2024 19.55 19.61 20.13 18.78 1.569 times
12 Fri Apr 2024 19.48 20.33 20.46 19.22 0.792 times
05 Fri Apr 2024 20.27 20.00 20.38 19.21 1.133 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
30 Tue Apr 2024 18.65 20.00 20.46 18.52 0.804 times
28 Thu Mar 2024 19.98 19.89 20.54 18.05 1.157 times
29 Thu Feb 2024 20.01 19.58 20.85 17.65 1.037 times
31 Wed Jan 2024 19.71 23.21 23.21 19.20 0.807 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 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 short 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 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 gaining momentum.

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

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 red color and prices are below the red 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 19.3 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 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 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 short 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 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 gaining momentum.

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

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 red color and prices are below the red 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 19.3 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 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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