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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.

Showing technical analysis as on 2024-01-22 View latest technical analysis

10 day averaged volume of Forward Industries is 28030

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	0.69	0.67	0.72	0.67	0.257 times
19 Fri Jan 2024	0.70	0.69	0.72	0.68	0.3 times
18 Thu Jan 2024	0.70	0.69	0.72	0.69	0.667 times
17 Wed Jan 2024	0.70	0.73	0.73	0.69	3.867 times
16 Tue Jan 2024	0.71	0.71	0.73	0.69	2.576 times
12 Fri Jan 2024	0.72	0.72	0.73	0.70	0.171 times
12 Fri Jan 2024	0.72	0.72	0.73	0.70	0.171 times
11 Thu Jan 2024	0.72	0.72	0.73	0.70	0.335 times
10 Wed Jan 2024	0.72	0.71	0.73	0.70	0.931 times
09 Tue Jan 2024	0.73	0.71	0.74	0.71	0.621 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.7, for a target of 0.7 or 0.72

Share price targets for Forward Industries (FORD)

Target Type	Value
Downside Target	0.59
Downside Target	0.67
Upside Target	0.73
Upside Target	0.74
Upside Target	0.76
Upside Target	0.79
Upside Target	0.82
Upside Target	0.86

Intraday share price targets for Forward Industries (FORD)

Target Type	Value
Downside Intraday Target	0.67
Downside Intraday Target	0.64
Upside Intraday Target	0.72
Upside Intraday Target	0.74
Upside Intraday Target	0.69

Weekly technical analysis of Forward Industries (FORD)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	0.69	0.67	0.72	0.67	0.035 times
19 Fri Jan 2024	0.70	0.71	0.73	0.68	43.271 times
12 Fri Jan 2024	0.72	0.72	0.73	0.70	0.071 times
12 Fri Jan 2024	0.72	0.71	0.74	0.70	0.631 times
05 Fri Jan 2024	0.71	0.73	0.74	0.71	2.384 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
22 Mon Jan 2024	0.69	0.73	0.74	0.67	0.38 times
29 Fri Dec 2023	0.73	0.79	0.79	0.59	3.462 times
30 Thu Nov 2023	0.71	0.71	0.82	0.69	0.868 times
31 Tue Oct 2023	0.71	0.76	0.82	0.69	1.189 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 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 Forward Industries ( (FORD) ) 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 Forward Industries ( (FORD) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Forward Industries in short term and the sell signal is strong.

Forward Industries 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 green color and prices are in or below the green 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

Stock of Forward Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.71 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 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.