Mobile app version of munafa.best
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-04 View latest technical analysis

10 day averaged volume of Forum Energy is 68950

Date Daily Closing Price Open High Low Volume
04 Wed Sep 2024 16.70 16.72 17.08 16.67 0.938 times
03 Tue Sep 2024 16.81 17.28 17.28 16.37 1.205 times
30 Fri Aug 2024 17.35 17.90 17.90 17.13 0.95 times
30 Fri Aug 2024 17.35 17.90 17.90 17.13 0.95 times
29 Thu Aug 2024 17.94 17.80 18.14 17.80 0.995 times
28 Wed Aug 2024 17.70 17.78 17.90 17.56 1.263 times
27 Tue Aug 2024 18.00 18.68 18.68 17.89 0.573 times
26 Mon Aug 2024 18.75 18.20 18.76 18.20 1.25 times
23 Fri Aug 2024 17.91 17.01 18.01 17.01 1.13 times
22 Thu Aug 2024 16.96 16.66 17.03 16.59 0.912 times

My analysis of stock is bearish for shortterm, and stock might move down till 16 or till 14.9. Use a stoploss of 16.84 and if the stock hits stoploss, then it can shoot up till 17.72

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 14.84
Downside Target 15.27
Downside Target 16.10
Upside Target 17.13
Upside Target 17.45
Upside Target 17.90
Upside Target 18.01
Upside Target 18.53
Upside Target 18.76
Upside Target 19.88

Intraday share price targets for Forum Energy (FET)

Target Type Value
Downside Intraday Target 16.29
Downside Intraday Target 15.87
Upside Intraday Target 17.2
Upside Intraday Target 17.69
Upside Intraday Target 16.78

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
04 Wed Sep 2024 16.70 17.28 17.28 16.37 2.256 times
30 Fri Aug 2024 17.35 17.90 17.90 17.13 0.189 times
30 Fri Aug 2024 17.35 18.20 18.76 17.13 0.555 times
23 Fri Aug 2024 17.91 16.07 18.01 15.55 1.717 times
16 Fri Aug 2024 16.07 16.26 16.68 14.84 1.14 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
04 Wed Sep 2024 16.70 17.28 17.28 16.37 0.079 times
30 Fri Aug 2024 17.35 18.17 18.76 14.84 1.695 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

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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Forum Energy stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Forum Energy in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 17.56 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Forum Energy stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Forum Energy in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 17.56 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme