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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 2024-05-14 View latest technical analysis

10 day averaged volume of Forward Industries is 10740

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	0.53	0.54	0.54	0.51	2.225 times
13 Mon May 2024	0.51	0.52	0.55	0.51	3.855 times
10 Fri May 2024	0.53	0.54	0.56	0.51	0.372 times
09 Thu May 2024	0.53	0.52	0.56	0.52	1.331 times
08 Wed May 2024	0.53	0.56	0.56	0.53	0.615 times
07 Tue May 2024	0.53	0.52	0.55	0.51	0.838 times
06 Mon May 2024	0.52	0.52	0.55	0.51	0.531 times
03 Fri May 2024	0.51	0.51	0.55	0.51	0.605 times
02 Thu May 2024	0.52	0.52	0.55	0.51	0.447 times
01 Wed May 2024	0.52	0.53	0.54	0.52	0.708 times

Stock of Forward Industries (FORD) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.5, but if it comes below 0.5, then a intra day sell could be more profitable.
If you take a sell trade below 0.5, then use 0.5 as stoploss and 0.52 as target. However if you take a buy trade in stock , then use 0.5 as stoploss and 0.6 as target.

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	0.55
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	0.51
Downside Intraday Target	0.49
Upside Intraday Target	0.55
Upside Intraday Target	0.57
Downside Intraday Target	0.53

Weekly technical analysis of Forward Industries (FORD)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	0.53	0.52	0.55	0.51	1.649 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
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Forward Industries (FORD)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Tue May 2024	0.53	0.53	0.56	0.51	0.346 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 0.52 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.