FORWARD INDUSTRIES INC (FORD)

US3498623004 - Common Stock

0.512  -0.01 (-1.25%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to FORD. FORD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FORD is a bad performer in the overall market: 93% of all stocks are doing better.
FORD is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 78% of 51 stocks in the same industry do better.
FORD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FORD is lagging the market.
Warning: FORD has an average volume of 25374 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month FORD has a been trading in the 0.48 - 0.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FORD Weekly chart
FORD Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, FORD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

0.50

0.79

We can see 8 important resistance areas.

  • Resistance @0.51 from a trend line in the daily time frame.
  • A resistance zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.56 from a horizontal line in the daily time frame.
  • Resistance @0.60 from a trend line in the weekly time frame.
  • Resistance @0.63 from a trend line in the weekly time frame.
  • Resistance @0.70 from a trend line in the daily time frame.
  • Resistance @0.76 from a horizontal line in the daily time frame.
  • Resistance @0.78 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.16
Mansfield-4.03
10 Day High0.63
10 Day Low0.49
20 Day High0.63
20 Day Low0.48
52 Week High1.1
52 Week Low0.46
Performance
1 Week-4.3%
2 Weeks2.2%
1 Month-10%
3 Month-27.47%
6 Month-26.86%
12 Month-49.8%
2 Year-64.2%
3 Year-82.04%
5 Year-59.84%
10 Year-61.79%
15 Year-69.34%
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
RSI(14)42.6
LBB0.49
UBB0.56
FORD Daily chart

FORWARD INDUSTRIES INC

NASDAQ:FORD (5/3/2024, 7:00:00 PM)

0.512

-0.01 (-1.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-1.25%
1 Week-4.3%
2 Weeks2.2%
1 Month-10%
3 Month-27.47%
6 Month-26.86%
12 Month-49.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%8.37%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.63
10 Day Low0.49
20 Day High0.63
20 Day Low0.48
52 Week High1.1
52 Week Low0.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.50K
Volume Incr-61.88%
Vol(5)6.56K
Vol(50)25.37K