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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 2024-07-16 View latest technical analysis

10 day averaged volume of Forum Energy is 39324

Date Daily Closing Price Open High Low Volume
16 Tue Jul 2024 17.57 17.14 17.61 17.14 1.007 times
15 Mon Jul 2024 17.04 16.33 17.13 16.19 0.906 times
12 Fri Jul 2024 16.15 16.05 16.25 15.81 0.814 times
11 Thu Jul 2024 16.07 15.78 16.17 15.77 1.737 times
10 Wed Jul 2024 15.63 15.45 15.71 15.41 0.458 times
09 Tue Jul 2024 15.43 15.49 15.79 15.43 0.486 times
08 Mon Jul 2024 15.81 15.66 16.18 15.28 0.999 times
05 Fri Jul 2024 15.48 16.15 16.15 15.27 2.085 times
03 Wed Jul 2024 16.20 16.02 16.25 15.82 0.743 times
03 Wed Jul 2024 16.20 16.02 16.25 15.82 0.743 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 17.6, for a target of 16.9 or 16.39

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 15.27
Downside Target 15.80
Downside Target 17.32
Upside Target 17.61
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 16.64
Downside Intraday Target 15.7
Upside Intraday Target 18.06
Upside Intraday Target 18.54
Downside Intraday Target 17.12

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
16 Tue Jul 2024 17.57 16.33 17.61 16.19 0.426 times
12 Fri Jul 2024 16.15 15.66 16.25 15.28 1.589 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

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
16 Tue Jul 2024 17.57 16.90 17.61 15.27 0.453 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 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 16.13 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 positive

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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 16.13 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 positive

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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