(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 2024-01-18 View latest technical analysis
10 day averaged volume of Forum Energy is 31540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 20.47 | 20.03 | 20.96 | 20.03 | 0.549 times |
| 17 Wed Jan 2024 | 20.24 | 20.12 | 20.45 | 19.20 | 0.786 times |
| 16 Tue Jan 2024 | 20.43 | 20.94 | 21.18 | 20.36 | 0.51 times |
| 12 Fri Jan 2024 | 21.03 | 20.97 | 21.37 | 20.75 | 0.786 times |
| 12 Fri Jan 2024 | 21.03 | 20.97 | 21.37 | 20.75 | 0.786 times |
| 11 Thu Jan 2024 | 20.85 | 21.01 | 21.01 | 20.78 | 0.694 times |
| 10 Wed Jan 2024 | 20.93 | 21.21 | 21.21 | 20.52 | 1.287 times |
| 09 Tue Jan 2024 | 21.22 | 21.95 | 21.95 | 21.12 | 1.183 times |
| 08 Mon Jan 2024 | 21.83 | 22.19 | 22.88 | 21.03 | 0.796 times |
| 05 Fri Jan 2024 | 22.58 | 22.19 | 22.83 | 21.76 | 2.467 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.9, but if it comes above 20.9, then a intra day buy could be more profitable.
If you take a sell trade below 20.9, then use 20.9 as stoploss and 19.7 as target. However if you take a buy trade in stock , then use 20.9 as stoploss and 21.87 as target.
Share price targets for Forum Energy (FET)
| Target Type | Value |
| Downside Target | 19.20 |
| Upside Target | 20.52 |
| Upside Target | 22.60 |
| Upside Target | 22.88 |
| Upside Target | 23.21 |
| Upside Target | 23.43 |
| Upside Target | 23.82 |
| Upside Target | 24.06 |
| Upside Target | 24.48 |
| Upside Target | 26.36 |
Intraday share price targets for Forum Energy (FET)
| Target Type | Value |
| Downside Intraday Target | 19.39 |
| Downside Intraday Target | 18.3 |
| Upside Intraday Target | 21.37 |
| Upside Intraday Target | 22.26 |
| Downside Intraday Target | 20.28 |
Weekly technical analysis of Forum Energy (FET)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 20.47 | 20.94 | 21.18 | 19.20 | 2.347 times |
| 12 Fri Jan 2024 | 21.03 | 20.97 | 21.37 | 20.75 | 0.166 times |
| 12 Fri Jan 2024 | 21.03 | 22.19 | 22.88 | 20.52 | 1.027 times |
| 05 Fri Jan 2024 | 22.58 | 23.21 | 23.21 | 21.73 | 8.725 times |
| 29 Fri Dec 2023 | 22.17 | 22.60 | 22.60 | 22.00 | 0.212 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Forum Energy (FET)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 20.47 | 23.21 | 23.21 | 19.20 | 0.486 times |
| 29 Fri Dec 2023 | 22.17 | 21.61 | 23.82 | 19.31 | 1.195 times |
| 30 Thu Nov 2023 | 21.77 | 21.57 | 24.48 | 21.08 | 1.094 times |
| 31 Tue Oct 2023 | 21.77 | 24.06 | 24.06 | 21.51 | 0.803 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 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Forum Energy in short term and the sell signal is strong.
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 below 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 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 21.35 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 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 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Forum Energy in short term and the sell signal is strong.
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 below 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 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 21.35 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.