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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 2024-05-31 View latest technical analysis

10 day averaged volume of Forward Industries is 34720

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	0.49	0.52	0.52	0.49	0.297 times
30 Thu May 2024	0.51	0.48	0.55	0.48	0.91 times
29 Wed May 2024	0.52	0.54	0.54	0.52	0.138 times
28 Tue May 2024	0.53	0.55	0.55	0.52	0.861 times
23 Thu May 2024	0.54	0.55	0.55	0.52	6.371 times
22 Wed May 2024	0.54	0.54	0.54	0.52	0.115 times
21 Tue May 2024	0.54	0.55	0.55	0.51	0.452 times
20 Mon May 2024	0.55	0.52	0.55	0.52	0.3 times
17 Fri May 2024	0.52	0.53	0.56	0.52	0.174 times
16 Thu May 2024	0.54	0.52	0.55	0.52	0.214 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
Upside 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	0.46
Downside Intraday Target	0.44
Upside Intraday Target	0.53
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
31 Fri May 2024	0.49	0.55	0.55	0.48	0.305 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
31 Fri May 2024	0.49	0.53	0.56	0.48	1.344 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 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 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 but buying is losing 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 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.