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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 2024-01-19 View latest technical analysis

10 day averaged volume of Forum Energy is 31050

Date Daily Closing Price Open High Low Volume
19 Fri Jan 2024 20.13 20.37 20.56 19.67 0.847 times
18 Thu Jan 2024 20.47 20.03 20.96 20.03 0.557 times
17 Wed Jan 2024 20.24 20.12 20.45 19.20 0.799 times
16 Tue Jan 2024 20.43 20.94 21.18 20.36 0.519 times
12 Fri Jan 2024 21.03 20.97 21.37 20.75 0.799 times
12 Fri Jan 2024 21.03 20.97 21.37 20.75 0.799 times
11 Thu Jan 2024 20.85 21.01 21.01 20.78 0.705 times
10 Wed Jan 2024 20.93 21.21 21.21 20.52 1.308 times
09 Tue Jan 2024 21.22 21.95 21.95 21.12 1.201 times
08 Mon Jan 2024 21.83 22.19 22.88 21.03 0.808 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.7, but if it comes above 20.7, then a intra day buy could be more profitable.
If you take a sell trade below 20.7, then use 20.7 as stoploss and 19.5 as target. However if you take a buy trade in stock , then use 20.7 as stoploss and 21.71 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 19.16
Downside Intraday Target 18.19
Upside Intraday Target 21.14
Upside Intraday Target 22.15
Upside Intraday Target 20.17

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
19 Fri Jan 2024 20.13 20.94 21.18 19.20 3.407 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
19 Fri Jan 2024 20.13 23.21 23.21 19.20 0.52 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 gaining 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 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Forum Energy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.86 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 gaining 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 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Forum Energy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.86 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.

Daily charts

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Daily chart
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