(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 2024-06-07 View latest technical analysis
10 day averaged volume of Forum Energy is 37800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 17.24 | 16.73 | 17.27 | 16.49 | 2.497 times |
| 06 Thu Jun 2024 | 16.87 | 16.38 | 16.89 | 16.32 | 0.638 times |
| 05 Wed Jun 2024 | 16.48 | 16.51 | 16.60 | 16.10 | 1.59 times |
| 04 Tue Jun 2024 | 16.48 | 17.34 | 17.34 | 16.25 | 1.701 times |
| 03 Mon Jun 2024 | 17.42 | 18.23 | 18.23 | 17.03 | 1.143 times |
| 31 Fri May 2024 | 18.24 | 18.15 | 18.28 | 18.00 | 0.5 times |
| 30 Thu May 2024 | 18.02 | 17.89 | 18.19 | 17.67 | 0.519 times |
| 29 Wed May 2024 | 17.74 | 18.07 | 18.58 | 17.61 | 0.828 times |
| 28 Tue May 2024 | 18.25 | 18.49 | 18.66 | 18.05 | 0.979 times |
| 24 Fri May 2024 | 18.34 | 17.51 | 18.34 | 17.51 | 1.193 times |
Stock of Forum Energy (FET) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 17.2 as stoploss in an intra day buy trade for a target of 17.94. However, stock will show a bearish move below 17.2.
Share price targets for Forum Energy (FET)
| Target Type | Value |
| Downside Target | 16.10 |
| Upside Target | 17.45 |
| Upside Target | 18.62 |
| Upside Target | 18.66 |
| Upside Target | 18.92 |
| Upside Target | 19.11 |
| Upside Target | 19.88 |
| Upside Target | 20.46 |
| Upside Target | 20.54 |
| Upside Target | 20.85 |
Intraday share price targets for Forum Energy (FET)
| Target Type | Value |
| Downside Intraday Target | 16.15 |
| Downside Intraday Target | 15.06 |
| Upside Intraday Target | 18.28 |
| Upside Intraday Target | 19.32 |
| Downside Intraday Target | 17.19 |
Weekly technical analysis of Forum Energy (FET)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 17.24 | 18.23 | 18.23 | 16.10 | 2.679 times |
| 31 Fri May 2024 | 18.24 | 18.49 | 18.66 | 17.61 | 0.488 times |
| 24 Fri May 2024 | 18.34 | 18.55 | 18.92 | 17.45 | 1.468 times |
| 17 Fri May 2024 | 18.61 | 19.08 | 19.11 | 17.90 | 0.981 times |
| 10 Fri May 2024 | 19.08 | 18.62 | 19.88 | 18.62 | 1.048 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 |
| 07 Fri Jun 2024 | 17.24 | 18.23 | 18.23 | 16.10 | 0.399 times |
| 31 Fri May 2024 | 18.24 | 18.56 | 19.88 | 17.45 | 1.181 times |
| 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 |
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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but selling is losing 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 17.33 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but selling is losing 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 17.33 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.