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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 2024-03-21 View latest technical analysis

10 day averaged volume of Forward Industries is 61910

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	0.58	0.62	0.62	0.58	0.216 times
20 Wed Mar 2024	0.60	0.60	0.61	0.56	0.646 times
19 Tue Mar 2024	0.58	0.58	0.63	0.56	1.408 times
18 Mon Mar 2024	0.59	0.60	0.62	0.55	5.254 times
15 Fri Mar 2024	0.46	0.59	0.62	0.46	1.53 times
14 Thu Mar 2024	0.63	0.63	0.64	0.60	0.115 times
13 Wed Mar 2024	0.62	0.64	0.64	0.61	0.191 times
12 Tue Mar 2024	0.65	0.61	0.65	0.61	0.137 times
11 Mon Mar 2024	0.62	0.62	0.63	0.61	0.281 times
08 Fri Mar 2024	0.65	0.64	0.65	0.63	0.212 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.6, but if it comes above 0.6, then a intra day buy could be more profitable.
If you take a sell trade below 0.6, then use 0.6 as stoploss and 0.5 as target. However if you take a buy trade in stock , then use 0.6 as stoploss and 0.63 as target.

Share price targets for Forward Industries (FORD)

Target Type	Value
Downside Target	0.46
Downside Target	0.55
Upside Target	0.59
Upside Target	0.63
Upside Target	0.67
Upside Target	0.68
Upside Target	0.69
Upside Target	0.71
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	0.54
Downside Intraday Target	0.51
Upside Intraday Target	0.62
Upside Intraday Target	0.67
Upside Intraday Target	0.59

Weekly technical analysis of Forward Industries (FORD)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	0.58	0.60	0.63	0.55	3.34 times
15 Fri Mar 2024	0.46	0.62	0.65	0.46	2.491 times
08 Fri Mar 2024	0.65	0.64	0.67	0.63	0.757 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

Price has moved up 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
21 Thu Mar 2024	0.58	0.66	0.67	0.46	1.361 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling is losing 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 0.57 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.