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(FORD) Forward Industries complete technical analysis [charts+indicators] | Buy/Sell Forward Industries | (FORD) share price targets

Complete technical analysis of Forward Industries (FORD) by charts plus indicators, forecast predictions and share price targets for Forward Industries (FORD)

Forward Industries trades in USA in Consumer Non Durables sector.

10 day averaged volume of Forward Industries is 14330

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	0.51	0.51	0.55	0.51	0.454 times
02 Thu May 2024	0.52	0.52	0.55	0.51	0.335 times
01 Wed May 2024	0.52	0.53	0.54	0.52	0.53 times
30 Tue Apr 2024	0.54	0.52	0.55	0.52	0.523 times
29 Mon Apr 2024	0.55	0.53	0.56	0.53	0.447 times
26 Fri Apr 2024	0.54	0.53	0.56	0.50	2.868 times
25 Thu Apr 2024	0.56	0.63	0.63	0.50	2.24 times
24 Wed Apr 2024	0.51	0.50	0.54	0.49	1.305 times
23 Tue Apr 2024	0.50	0.51	0.52	0.50	0.607 times
22 Mon Apr 2024	0.52	0.52	0.54	0.50	0.656 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.5 as stoploss in an intra day buy trade for a target of 0.53. However, stock will show a bearish move below 0.5.

Share price targets for Forward Industries (FORD)

Target Type	Value
Downside Target	0.46
Downside Target	0.48
Downside Target	0.49
Downside Target	0.51
Upside Target	0.53
Upside Target	0.55
Upside Target	0.62
Upside Target	0.63
Upside Target	0.64
Upside Target	0.67
Upside Target	0.78

Intraday share price targets for Forward Industries (FORD)

Target Type	Value
Downside Intraday Target	0.49
Downside Intraday Target	0.48
Upside Intraday Target	0.54
Upside Intraday Target	0.58
Upside Intraday Target	0.53

Weekly technical analysis of Forward Industries (FORD)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	0.51	0.53	0.56	0.51	0.298 times
26 Fri Apr 2024	0.54	0.52	0.63	0.49	1.659 times
19 Fri Apr 2024	0.50	0.54	0.55	0.48	0.764 times
12 Fri Apr 2024	0.53	0.55	0.62	0.53	1.07 times
05 Fri Apr 2024	0.57	0.59	0.62	0.55	0.609 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 Forward Industries (FORD)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	0.51	0.53	0.55	0.51	0.053 times
30 Tue Apr 2024	0.54	0.59	0.63	0.48	0.428 times
28 Thu Mar 2024	0.61	0.66	0.67	0.46	1.661 times
29 Thu Feb 2024	0.65	0.73	0.78	0.64	0.893 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 Forward Industries (FORD)

Price action analysis of Forward Industries ( (FORD) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Forward Industries ( (FORD) ) 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 Forward Industries ( (FORD) ) 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 Forward Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Forward Industries in short term but the buy signal is initial and weak.

Forward Industries 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 Forward Industries in short term and SELL 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 Forward Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.53 and Forward Industries (FORD) 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 Forward Industries (FORD) stock. Volume based technical analysis of Forward Industries (FORD) stock is negative.

Forward Industries 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.