(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 2024-11-06 View latest technical analysis
10 day averaged volume of Forum Energy is 35260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 15.97 | 15.25 | 16.00 | 15.24 | 3.556 times |
| 05 Tue Nov 2024 | 15.07 | 14.80 | 15.35 | 14.80 | 0.808 times |
| 04 Mon Nov 2024 | 14.84 | 13.90 | 15.06 | 13.86 | 1.171 times |
| 01 Fri Nov 2024 | 13.96 | 12.83 | 14.22 | 12.83 | 1.239 times |
| 31 Thu Oct 2024 | 13.98 | 14.02 | 14.16 | 13.91 | 1.449 times |
| 30 Wed Oct 2024 | 14.02 | 14.13 | 14.20 | 13.95 | 0.754 times |
| 29 Tue Oct 2024 | 14.00 | 14.31 | 14.33 | 13.93 | 2.025 times |
| 28 Mon Oct 2024 | 14.32 | 14.21 | 14.46 | 14.21 | 0.431 times |
| 25 Fri Oct 2024 | 14.40 | 14.45 | 14.55 | 14.24 | 0.681 times |
| 24 Thu Oct 2024 | 14.29 | 14.40 | 14.40 | 14.06 | 0.567 times |
Stock of Forum Energy (FET) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 16.1, for a target of 15.4 or 14.78
Share price targets for Forum Energy (FET)
| Target Type | Value |
| Downside Target | 12.83 |
| Downside Target | 13.86 |
| Downside Target | 14.46 |
| Downside Target | 15.64 |
| Upside Target | 16.00 |
| 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 | 14.55 |
| Downside Intraday Target | 13.14 |
| Upside Intraday Target | 16.69 |
| Upside Intraday Target | 17.42 |
| Downside Intraday Target | 15.28 |
Weekly technical analysis of Forum Energy (FET)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 15.97 | 13.90 | 16.00 | 13.86 | 0.938 times |
| 01 Fri Nov 2024 | 13.96 | 14.21 | 14.46 | 12.83 | 1.452 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 |
Price has moved up 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 |
| 06 Wed Nov 2024 | 15.97 | 12.83 | 16.00 | 12.83 | 0.327 times |
| 31 Thu Oct 2024 | 13.98 | 15.36 | 16.39 | 13.91 | 0.82 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 |
Scroll below to view daily charts
Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Forum Energy ( (FET) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Forum Energy ( (FET) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Forum Energy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Forum Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Forum Energy in short term and BUY 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 14.74 and Forum Energy (FET) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Forum Energy ( (FET) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Forum Energy ( (FET) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Forum Energy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Forum Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Forum Energy in short term and BUY 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 14.74 and Forum Energy (FET) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.