FORWARD INDUSTRIES INC (FORD) Stock Technical Analysis
NASDAQ:FORD - Nasdaq - US3498624093 - Common Stock - Currency: USD
Overall FORD gets a technical rating of 6 out of 10. In the last year, FORD was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FORD is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry. FORD outperforms 83% of them.
When compared to the yearly performance of all other stocks, FORD outperforms 50% of them, which is more or less in line with the market.
FORD is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so FORD is still doing slightly better than the market.
In the last month FORD has a been trading in the 3.70 - 7.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, FORD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for FORD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.34
7.01
4 important support areas can be observed.
- Support @5.17 from a trend line in the daily time frame.
- A support zone ranging from 4.77 to 4.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.48 to 3.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.37 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @5.70 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.64 to 6.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.94 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.03
Mansfield3.08
10 Day High7.5
10 Day Low4.63
20 Day High7.75
20 Day Low3.7
52 Week High8.29
52 Week Low3.1
Performance
1 Week13.22%
2 Weeks-19.41%
1 Month44.59%
3 Month-16.24%
6 Month52.65%
12 Month2.43%
2 Year-46.27%
3 Year-66.38%
5 Year-50.18%
10 Year-10.16%
15 Year-82.55%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)57.12
LBB4.09
UBB6.43
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.71 | 5.16 | 0.55 (9.63%) | 10.38% |
| An entry @5.71. This is a Buy Stop order right above the resistance zone. | An exit @5.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.55 points, which is 9.63%. | For a 1.00% total portfolio risk, you can invest 10.38% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FORD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:FORD (4/21/2025, 8:14:41 PM)
5.48
-0.04 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.72%
1 Week13.22%
2 Weeks-19.41%
1 Month44.59%
3 Month-16.24%
6 Month52.65%
12 Month2.43%
2 Year-46.27%
3 Year-66.38%
5 Year-50.18%
10 Year-10.16%
15 Year-82.55%
Volatility
ATR(14)1.04
ATR(20)%15.69%
ATR Inc-65.04%
Range Today0.85
ADR(20)0.86
ADR(20)%15.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.03
Mansfield3.08
10 Day High7.5
10 Day Low4.63
20 Day High7.75
20 Day Low3.7
52 Week High8.29
52 Week Low3.1
CS1 End5.17
CR1 Start5.7
Volume & EV
DER(3)-1.05%
DER(5)3.11%
Volume21.40K
Volume Incr-58.65%
Vol(5)29.36K
Vol(50)38.08K