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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 2024-10-15 View latest technical analysis

10 day averaged volume of Forum Energy is 24430

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	15.22	15.00	15.26	14.64	2.599 times
14 Mon Oct 2024	15.26	15.59	15.59	15.23	0.741 times
11 Fri Oct 2024	15.63	15.49	15.63	15.38	0.925 times
10 Thu Oct 2024	15.54	15.61	15.69	15.41	0.594 times
09 Wed Oct 2024	15.59	15.54	15.90	15.48	0.941 times
08 Tue Oct 2024	15.64	15.90	16.06	15.43	1.24 times
07 Mon Oct 2024	16.07	16.31	16.39	16.00	0.565 times
04 Fri Oct 2024	16.16	15.64	16.33	15.63	1.592 times
03 Thu Oct 2024	15.60	15.75	15.82	15.49	1.641 times
02 Wed Oct 2024	15.69	15.75	15.83	15.46	0.643 times

Stock of Forum Energy (FET) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.4, but if it comes above 15.4, then a intra day buy could be more profitable.
If you take a sell trade below 15.4, then use 15.4 as stoploss and 14.9 as target. However if you take a buy trade in stock , then use 15.4 as stoploss and 15.92 as target.

Share price targets for Forum Energy (FET)

Target Type	Value
Downside Target	14.63
Upside Target	15.27
Upside Target	16.10
Upside Target	16.39
Upside Target	16.71
Upside Target	17.22
Upside Target	17.28
Upside Target	18.53
Upside Target	18.76

Intraday share price targets for Forum Energy (FET)

Target Type	Value
Downside Intraday Target	14.71
Downside Intraday Target	14.2
Upside Intraday Target	15.66
Upside Intraday Target	16.1
Downside Intraday Target	15.15

Weekly technical analysis of Forum Energy (FET)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	15.22	15.59	15.59	14.64	0.783 times
11 Fri Oct 2024	15.63	16.31	16.39	15.38	0.644 times
04 Fri Oct 2024	16.16	15.80	16.33	15.36	1.155 times
27 Fri Sep 2024	15.94	16.55	17.22	15.75	0.538 times
20 Fri Sep 2024	16.61	15.84	16.71	15.75	1.136 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
15 Tue Oct 2024	15.22	15.36	16.39	14.64	0.345 times
30 Mon Sep 2024	15.46	17.28	17.28	14.63	0.478 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

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 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 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 15.6 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.