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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 2024-05-30 View latest technical analysis

10 day averaged volume of Forward Industries is 33950

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	0.51	0.48	0.55	0.48	0.931 times
29 Wed May 2024	0.52	0.54	0.54	0.52	0.141 times
28 Tue May 2024	0.53	0.55	0.55	0.52	0.881 times
23 Thu May 2024	0.54	0.55	0.55	0.52	6.515 times
22 Wed May 2024	0.54	0.54	0.54	0.52	0.118 times
21 Tue May 2024	0.54	0.55	0.55	0.51	0.462 times
20 Mon May 2024	0.55	0.52	0.55	0.52	0.307 times
17 Fri May 2024	0.52	0.53	0.56	0.52	0.178 times
16 Thu May 2024	0.54	0.52	0.55	0.52	0.219 times
15 Wed May 2024	0.53	0.53	0.53	0.53	0.475 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 0.5, for a target of 0.5 or 0.53

Share price targets for Forward Industries (FORD)

Target Type	Value
Downside Target	0.46
Downside Target	0.48
Downside Target	0.51
Upside Target	0.55
Upside Target	0.56
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	0.48
Downside Intraday Target	0.44
Upside Intraday Target	0.55
Upside Intraday Target	0.58
Upside Intraday Target	0.51

Weekly technical analysis of Forward Industries (FORD)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	0.51	0.55	0.55	0.48	0.264 times
23 Thu May 2024	0.54	0.52	0.55	0.51	2.649 times
17 Fri May 2024	0.52	0.52	0.56	0.51	2.396 times
10 Fri May 2024	0.53	0.52	0.56	0.51	1.207 times
03 Fri May 2024	0.51	0.53	0.56	0.51	0.298 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
30 Thu May 2024	0.51	0.53	0.56	0.48	1.315 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 0.54 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.