(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 2024-02-29 View latest technical analysis
10 day averaged volume of Forum Energy is 36260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 20.01 | 19.70 | 20.85 | 19.70 | 0.593 times |
| 28 Wed Feb 2024 | 19.43 | 19.27 | 19.86 | 19.27 | 0.692 times |
| 27 Tue Feb 2024 | 19.51 | 19.25 | 19.69 | 19.25 | 0.295 times |
| 26 Mon Feb 2024 | 19.12 | 19.17 | 19.55 | 18.87 | 0.565 times |
| 23 Fri Feb 2024 | 19.34 | 18.77 | 19.55 | 18.77 | 0.742 times |
| 22 Thu Feb 2024 | 19.28 | 19.26 | 20.15 | 19.21 | 1.076 times |
| 21 Wed Feb 2024 | 19.41 | 18.58 | 19.59 | 18.58 | 0.483 times |
| 20 Tue Feb 2024 | 18.64 | 19.78 | 19.78 | 18.50 | 0.943 times |
| 16 Fri Feb 2024 | 20.06 | 19.79 | 20.52 | 19.36 | 0.692 times |
| 15 Thu Feb 2024 | 19.78 | 17.90 | 20.19 | 17.86 | 2.819 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 19.7, but if it comes below 19.7, then a intra day sell could be more profitable.
If you take a sell trade below 19.7, then use 19.7 as stoploss and 19.13 as target. However if you take a buy trade in stock , then use 19.7 as stoploss and 20.4 as target.
Share price targets for Forum Energy (FET)
| Target Type | Value |
| Downside Target | 17.65 |
| Downside Target | 18.29 |
| Downside Target | 18.87 |
| Downside Target | 19.73 |
| Upside Target | 20.15 |
| Upside Target | 21.08 |
| 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 | 18.97 |
| Downside Intraday Target | 17.93 |
| Upside Intraday Target | 20.95 |
| Upside Intraday Target | 21.89 |
| Downside Intraday Target | 19.91 |
Weekly technical analysis of Forum Energy (FET)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 20.01 | 19.17 | 20.85 | 18.87 | 0.662 times |
| 23 Fri Feb 2024 | 19.34 | 19.78 | 20.15 | 18.50 | 0.446 times |
| 16 Fri Feb 2024 | 20.06 | 18.94 | 20.52 | 17.65 | 2.133 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 |
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 |
| 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 |
| 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Forum Energy in short term and BUY signal is strong.
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
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 19.5 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Forum Energy in short term and BUY signal is strong.
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
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 19.5 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.