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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 2024-02-12 View latest technical analysis

10 day averaged volume of Forum Energy is 25570

Date Daily Closing Price Open High Low Volume
12 Mon Feb 2024 18.96 18.94 19.57 18.94 0.81 times
09 Fri Feb 2024 18.93 19.27 19.36 18.86 0.825 times
08 Thu Feb 2024 18.99 18.52 19.22 18.47 1.107 times
07 Wed Feb 2024 18.94 19.67 19.67 18.88 0.727 times
06 Tue Feb 2024 19.48 18.90 19.73 18.82 1.083 times
05 Mon Feb 2024 18.61 18.72 18.88 18.29 1.087 times
02 Fri Feb 2024 18.99 19.20 19.57 18.99 1.224 times
01 Thu Feb 2024 19.32 19.58 19.94 19.04 1.49 times
31 Wed Jan 2024 19.71 20.44 20.83 19.65 0.767 times
30 Tue Jan 2024 20.41 20.80 20.85 20.22 0.79 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.1, but if it comes above 19.1, then a intra day buy could be more profitable.
If you take a sell trade below 19.1, then use 19.1 as stoploss and 18 as target. However if you take a buy trade in stock , then use 19.1 as stoploss and 20 as target.

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 18.29
Downside Target 18.94
Upside Target 21.08
Upside Target 21.18
Upside Target 21.51
Upside Target 23.21
Upside Target 23.82
Upside Target 24.06
Upside Target 24.48

Intraday share price targets for Forum Energy (FET)

Target Type Value
Downside Intraday Target 18.74
Downside Intraday Target 18.53
Upside Intraday Target 19.37
Upside Intraday Target 19.79
Upside Intraday Target 19.16

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
12 Mon Feb 2024 18.96 18.94 19.57 18.94 0.168 times
09 Fri Feb 2024 18.93 18.72 19.73 18.29 0.934 times
02 Fri Feb 2024 18.99 20.99 21.08 18.99 0.821 times
26 Fri Jan 2024 21.25 20.37 21.51 19.77 1.907 times
19 Fri Jan 2024 20.13 20.94 21.18 19.20 3.407 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
12 Mon Feb 2024 18.96 19.58 19.94 18.29 0.34 times
31 Wed Jan 2024 19.71 23.21 23.21 19.20 0.807 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

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 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 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 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 Weak 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 19.21 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 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 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 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 Weak 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 19.21 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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