Is Forbes & Co technically bullish or bearish?

Jul 29 2025 08:10 AM IST
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As of July 28, 2025, Forbes & Co is in a mildly bearish trend due to bearish daily moving averages and monthly MACD signals, despite some bullish indicators on the weekly charts and a recent significant price drop.
As of 28 July 2025, the technical trend for Forbes & Co has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the monthly MACD showing a mildly bearish signal. While the weekly MACD and KST are bullish, the overall sentiment is tempered by the bearish monthly Bollinger Bands and the negative performance relative to the Sensex over various time frames. The stock's recent price action, with a significant drop from the previous close, further supports this bearish outlook.
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