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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 2024-08-14 View latest technical analysis

10 day averaged volume of Forum Energy is 60680

Date Daily Closing Price Open High Low Volume
14 Wed Aug 2024 15.44 15.62 15.62 14.84 1.206 times
13 Tue Aug 2024 15.69 15.92 15.92 15.60 0.549 times
12 Mon Aug 2024 16.01 16.26 16.28 15.76 0.985 times
09 Fri Aug 2024 15.79 16.00 16.00 15.72 1.042 times
08 Thu Aug 2024 16.07 15.83 16.09 15.68 0.972 times
07 Wed Aug 2024 15.59 16.30 16.30 15.23 0.733 times
06 Tue Aug 2024 16.02 15.93 16.17 15.74 1.147 times
05 Mon Aug 2024 15.95 16.16 16.32 15.82 1.368 times
02 Fri Aug 2024 16.57 16.51 17.69 16.44 1.106 times
01 Thu Aug 2024 17.33 18.17 18.25 17.24 1.285 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 14.7 as target. However if you take a buy trade in stock , then use 15.9 as stoploss and 16.93 as target.

Share price targets for Forum Energy (FET)

Target Type Value
Downside Target 14.84
Downside Target 15.23
Upside Target 16.10
Upside Target 17.15
Upside Target 17.93
Upside Target 18.42
Upside Target 18.52
Upside Target 18.53
Upside Target 18.76
Upside Target 19.88
Upside Target 20.46

Intraday share price targets for Forum Energy (FET)

Target Type Value
Downside Intraday Target 14.76
Downside Intraday Target 14.08
Upside Intraday Target 16.2
Upside Intraday Target 16.96
Upside Intraday Target 15.52

Weekly technical analysis of Forum Energy (FET)

Date Weekly Closing Price Open High Low Volume
14 Wed Aug 2024 15.44 16.26 16.28 14.84 0.521 times
09 Fri Aug 2024 15.79 16.16 16.32 15.23 0.69 times
02 Fri Aug 2024 16.57 18.47 18.53 16.44 2.595 times
26 Fri Jul 2024 18.27 17.27 18.42 17.15 0.823 times
19 Fri Jul 2024 17.48 16.33 17.93 16.19 1.227 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
14 Wed Aug 2024 15.44 18.17 18.25 14.84 0.573 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
31 Fri May 2024 18.24 18.56 19.88 17.45 1.181 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 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 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 SELL signal in short term but selling 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 16.1 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 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 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 SELL signal in short term but selling 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 16.1 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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