FORWARD AIR CORP (FWRD) Stock Technical Analysis
NASDAQ:FWRD - Nasdaq - US3498531017 - Common Stock
We assign a technical rating of 3 out of 10 to FWRD. In the past year, FWRD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
85% of all other stocks performed better in the past year than FWRD.
FWRD is one of the lesser performing stocks in the Air Freight & Logistics industry. 65% of 21 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month FWRD has a been trading in the 27.38 - 35.25 range, which is quite wide. It is currently trading near the high of this range.
FWRD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FWRD is lagging the market.
FWRD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 33.54, a Stop Loss order could be placed below this zone.
More info and screens
29.94
35.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.04 to 33.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.70 to 32.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.24 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @34.15 from a horizontal line in the weekly time frame.
- Resistance @34.86 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
CRS15.03
Mansfield0.52
10 Day High35.25
10 Day Low31.01
20 Day High35.25
20 Day Low27.38
52 Week High46.72
52 Week Low11.21
Performance
1 Week0%
2 Weeks4.88%
1 Month10.59%
3 Month-7.45%
6 Month31.31%
12 Month-26.66%
2 Year-68.34%
3 Year-67.88%
5 Year-47.84%
10 Year-23.96%
15 Year44.48%
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)0.36
RSI(14)55.21
LBB31.21
UBB35.12
FORWARD AIR CORP
NASDAQ:FWRD (1/22/2025, 8:26:11 PM)
After market: 34.14 0 (0%)34.14
-0.71 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-2.04%
1 Week0%
2 Weeks4.88%
1 Month10.59%
3 Month-7.45%
6 Month31.31%
12 Month-26.66%
2 Year-68.34%
3 Year-67.88%
5 Year-47.84%
10 Year-23.96%
15 Year44.48%
Volatility
ATR(14)1.73
ATR(20)%5.57%
ATR Inc-37.41%
Range Today0.97
ADR(20)1.89
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.03
Mansfield0.52
10 Day High35.25
10 Day Low31.01
20 Day High35.25
20 Day Low27.38
52 Week High46.72
52 Week Low11.21
CS1 End33.54
CR1 Start34.15
Volume & EV
DER(3)0.26%
DER(5)-0.61%
Volume270.30K
Volume Incr-32.9%
Vol(5)372.60K
Vol(50)531.15K