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 2024-10-18 View latest technical analysis

10 day averaged volume of Forum Energy is 29450

Date Daily Closing Price Open High Low Volume
18 Fri Oct 2024 14.82 15.38 15.45 14.52 1.572 times
17 Thu Oct 2024 15.40 15.60 15.60 15.08 0.812 times
16 Wed Oct 2024 15.47 15.41 15.64 15.26 1.559 times
15 Tue Oct 2024 15.22 15.00 15.26 14.64 2.156 times
14 Mon Oct 2024 15.26 15.59 15.59 15.23 0.615 times
11 Fri Oct 2024 15.63 15.49 15.63 15.38 0.767 times
10 Thu Oct 2024 15.54 15.61 15.69 15.41 0.492 times
09 Wed Oct 2024 15.59 15.54 15.90 15.48 0.781 times
08 Tue Oct 2024 15.64 15.90 16.06 15.43 1.029 times
07 Mon Oct 2024 16.07 16.31 16.39 16.00 0.469 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 14.7, for a target of 15.3 or 15.76

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 14.52
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 14.35
Downside Intraday Target 13.87
Upside Intraday Target 15.47
Upside Intraday Target 16.11
Upside Intraday Target 14.99

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
18 Fri Oct 2024 14.82 15.59 15.64 14.52 1.897 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, 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
18 Fri Oct 2024 14.82 15.36 16.39 14.52 0.475 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 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 gaining momentum.

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

Forum Energy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying is losing 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 15.37 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 gaining momentum.

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

Forum Energy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying is losing 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 15.37 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