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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 2024-03-04 View latest technical analysis

10 day averaged volume of Forward Industries is 15960

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	0.67	0.64	0.67	0.64	1.115 times
01 Fri Mar 2024	0.63	0.66	0.67	0.63	1.516 times
29 Thu Feb 2024	0.65	0.65	0.67	0.65	1.466 times
28 Wed Feb 2024	0.67	0.67	0.68	0.65	0.489 times
27 Tue Feb 2024	0.66	0.65	0.68	0.65	0.238 times
26 Mon Feb 2024	0.65	0.64	0.68	0.64	0.927 times
23 Fri Feb 2024	0.67	0.66	0.69	0.66	0.301 times
22 Thu Feb 2024	0.66	0.66	0.70	0.64	2.061 times
21 Wed Feb 2024	0.67	0.71	0.71	0.67	0.758 times
20 Tue Feb 2024	0.71	0.65	0.71	0.65	0.858 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.7, but if it comes above 0.7, then a intra day buy could be more profitable.
If you take a sell trade below 0.7, then use 0.7 as stoploss and 0.6 as target. However if you take a buy trade in stock , then use 0.7 as stoploss and 0.7 as target.

Share price targets for Forward Industries (FORD)

Target Type	Value
Downside Target	0.59
Downside Target	0.63
Downside Target	0.67
Upside Target	0.69
Upside Target	0.71
Upside Target	0.76
Upside Target	0.78
Upside Target	0.79
Upside Target	0.82

Intraday share price targets for Forward Industries (FORD)

Target Type	Value
Downside Intraday Target	0.65
Downside Intraday Target	0.63
Upside Intraday Target	0.68
Upside Intraday Target	0.69
Downside Intraday Target	0.66

Weekly technical analysis of Forward Industries (FORD)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	0.67	0.64	0.67	0.64	0.241 times
01 Fri Mar 2024	0.63	0.64	0.68	0.63	1.165 times
23 Fri Feb 2024	0.67	0.65	0.71	0.64	0.291 times
16 Fri Feb 2024	0.70	0.74	0.78	0.68	1.633 times
09 Fri Feb 2024	0.76	0.71	0.76	0.69	1.707 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 Forward Industries (FORD)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	0.67	0.66	0.67	0.63	0.083 times
29 Thu Feb 2024	0.65	0.73	0.78	0.64	0.893 times
31 Wed Jan 2024	0.72	0.73	0.78	0.67	0.543 times
29 Fri Dec 2023	0.73	0.79	0.79	0.59	3.462 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Forward Industries in short term but BUY signal is weak.

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 0.66 and Forward Industries (FORD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.