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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 2024-08-12 View latest technical analysis

10 day averaged volume of Forum Energy is 78220

Date Daily Closing Price Open High Low Volume
12 Mon Aug 2024 16.01 16.26 16.28 15.76 0.765 times
09 Fri Aug 2024 15.79 16.00 16.00 15.72 0.808 times
08 Thu Aug 2024 16.07 15.83 16.09 15.68 0.754 times
07 Wed Aug 2024 15.59 16.30 16.30 15.23 0.569 times
06 Tue Aug 2024 16.02 15.93 16.17 15.74 0.89 times
05 Mon Aug 2024 15.95 16.16 16.32 15.82 1.061 times
02 Fri Aug 2024 16.57 16.51 17.69 16.44 0.858 times
01 Thu Aug 2024 17.33 18.17 18.25 17.24 0.997 times
31 Wed Jul 2024 18.45 18.14 18.53 18.09 0.63 times
30 Tue Jul 2024 18.00 17.81 18.06 17.44 2.634 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.2, but if it comes above 16.2, then a intra day buy could be more profitable.
If you take a sell trade below 16.2, then use 16.2 as stoploss and 15.2 as target. However if you take a buy trade in stock , then use 16.2 as stoploss and 17.12 as target.

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 15.23
Downside Target 15.76
Upside Target 16.10
Upside Target 17.15
Upside Target 17.93
Upside Target 18.42
Upside Target 18.52
Upside Target 18.53
Upside Target 18.76
Upside Target 19.88
Upside Target 20.46

Intraday share price targets for Forum Energy (FET)

Target Type Value
Downside Intraday Target 15.75
Downside Intraday Target 15.5
Upside Intraday Target 16.27
Upside Intraday Target 16.54
Upside Intraday Target 16.02

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
12 Mon Aug 2024 16.01 16.26 16.28 15.76 0.187 times
09 Fri Aug 2024 15.79 16.16 16.32 15.23 0.69 times
02 Fri Aug 2024 16.57 18.47 18.53 16.44 2.595 times
26 Fri Jul 2024 18.27 17.27 18.42 17.15 0.823 times
19 Fri Jul 2024 17.48 16.33 17.93 16.19 1.227 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 Aug 2024 16.01 18.17 18.25 15.23 0.476 times
31 Wed Jul 2024 18.45 16.90 18.53 15.27 1.077 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

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.

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 and selling is picking up 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 16.83 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.

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 and selling is picking up 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 16.83 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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