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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 2024-07-09 View latest technical analysis

10 day averaged volume of Forum Energy is 63500

Date Daily Closing Price Open High Low Volume
09 Tue Jul 2024 15.43 15.49 15.79 15.43 0.301 times
08 Mon Jul 2024 15.81 15.66 16.18 15.28 0.619 times
05 Fri Jul 2024 15.48 16.15 16.15 15.27 1.291 times
03 Wed Jul 2024 16.20 16.02 16.25 15.82 0.46 times
03 Wed Jul 2024 16.20 16.02 16.25 15.82 0.46 times
02 Tue Jul 2024 16.05 16.39 16.40 15.80 0.638 times
01 Mon Jul 2024 16.52 16.90 17.32 16.46 0.471 times
28 Fri Jun 2024 16.86 16.89 17.49 16.52 4.802 times
27 Thu Jun 2024 16.71 16.71 16.92 16.35 0.411 times
26 Wed Jun 2024 16.53 16.41 16.71 16.28 0.608 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 15.4, for a target of 16 or 16.56

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 15.27
Upside Target 15.80
Upside Target 17.32
Upside Target 17.49
Upside Target 17.71
Upside Target 18.05
Upside Target 18.52
Upside Target 18.76
Upside Target 19.88
Upside Target 20.46
Upside Target 20.54

Intraday share price targets for Forum Energy (FET)

Target Type Value
Downside Intraday Target 15.08
Downside Intraday Target 14.73
Upside Intraday Target 15.98
Upside Intraday Target 16.53
Upside Intraday Target 15.63

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
09 Tue Jul 2024 15.43 15.66 16.18 15.28 0.525 times
05 Fri Jul 2024 15.48 16.02 16.25 15.27 1.116 times
03 Wed Jul 2024 16.20 16.90 17.32 15.80 0.244 times
28 Fri Jun 2024 16.86 16.52 17.49 16.15 3.689 times
21 Fri Jun 2024 16.60 16.99 17.71 16.52 1.574 times

Price has moved down 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
09 Tue Jul 2024 15.43 16.90 17.32 15.27 0.264 times
28 Fri Jun 2024 16.86 18.23 18.76 16.10 1.426 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

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 getting stronger in this stock.

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

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 16.42 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 getting stronger in this stock.

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

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 16.42 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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