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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 2024-10-29 View latest technical analysis

10 day averaged volume of Forum Energy is 33810

Date Daily Closing Price Open High Low Volume
29 Tue Oct 2024 14.00 14.31 14.33 13.93 2.112 times
28 Mon Oct 2024 14.32 14.21 14.46 14.21 0.45 times
25 Fri Oct 2024 14.40 14.45 14.55 14.24 0.71 times
24 Thu Oct 2024 14.29 14.40 14.40 14.06 0.592 times
23 Wed Oct 2024 14.44 14.50 14.53 14.07 0.911 times
22 Tue Oct 2024 14.55 14.39 14.56 14.29 1.121 times
21 Mon Oct 2024 14.39 14.98 14.98 14.39 0.905 times
18 Fri Oct 2024 14.82 15.38 15.45 14.52 1.369 times
17 Thu Oct 2024 15.40 15.60 15.60 15.08 0.707 times
16 Wed Oct 2024 15.47 15.41 15.64 15.26 1.358 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 14.5, but if it comes above 14.5, then a intra day buy could be more profitable.
If you take a sell trade below 14.5, then use 14.5 as stoploss and 13.7 as target. However if you take a buy trade in stock , then use 14.5 as stoploss and 15.12 as target.

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 13.93
Upside Target 14.46
Upside Target 15.64
Upside Target 16.10
Upside Target 16.33
Upside Target 16.39
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 13.8
Downside Intraday Target 13.6
Upside Intraday Target 14.33
Upside Intraday Target 14.66
Upside Intraday Target 14.13

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
29 Tue Oct 2024 14.00 14.21 14.46 13.93 0.604 times
25 Fri Oct 2024 14.40 14.98 14.98 14.06 0.725 times
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

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
29 Tue Oct 2024 14.00 15.36 16.39 13.93 0.733 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 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 14.59 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 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 14.59 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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