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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 2024-09-09 View latest technical analysis

10 day averaged volume of Forum Energy is 63440

Date Daily Closing Price Open High Low Volume
09 Mon Sep 2024 15.47 15.96 16.16 15.45 0.607 times
06 Fri Sep 2024 16.00 16.40 16.41 15.90 0.457 times
05 Thu Sep 2024 16.41 16.81 16.81 16.26 0.712 times
04 Wed Sep 2024 16.70 16.72 17.08 16.67 1.02 times
03 Tue Sep 2024 16.81 17.28 17.28 16.37 1.31 times
30 Fri Aug 2024 17.35 17.90 17.90 17.13 1.032 times
30 Fri Aug 2024 17.35 17.90 17.90 17.13 1.032 times
29 Thu Aug 2024 17.94 17.80 18.14 17.80 1.081 times
28 Wed Aug 2024 17.70 17.78 17.90 17.56 1.373 times
27 Tue Aug 2024 18.00 18.68 18.68 17.89 0.623 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.9, but if it comes above 15.9, then a intra day buy could be more profitable.
If you take a sell trade below 15.9, then use 15.9 as stoploss and 14.9 as target. However if you take a buy trade in stock , then use 15.9 as stoploss and 16.84 as target.

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 14.84
Downside Target 15.27
Upside Target 15.90
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 15.23
Downside Intraday Target 14.98
Upside Intraday Target 15.94
Upside Intraday Target 16.4
Upside Intraday Target 15.69

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
09 Mon Sep 2024 15.47 15.96 16.16 15.45 0.173 times
06 Fri Sep 2024 16.00 17.28 17.28 15.90 3.389 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

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 Mon Sep 2024 15.47 17.28 17.28 15.45 0.14 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Strong and stock is gaining 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 17.1 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Strong and stock is gaining 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 17.1 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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