FORWARD INDUSTRIES INC (FORD) Stock Technical Analysis
NASDAQ:FORD - Nasdaq - US3498624093 - Common Stock - Currency: USD
Taking everything into account, FORD scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month FORD has a been trading in the 5.79 - 8.71 range, which is quite wide. It is currently trading near the lows of this range.
FORD is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. FORD outperforms 75% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that FORD is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
FORD is currently trading in the middle 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 slightly.
Considerably lower volume is observed in the last couple of days.
FORD has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.34
7.98
When analyzing the support we can see 5 important areas.
- A support zone ranging from 6.26 to 6.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.15 from a trend line in the daily time frame.
- Support @6.00 from a horizontal line in the daily time frame.
- A support zone ranging from 3.51 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.
We found 1 important resistance area.
- Resistance @7.90 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FORD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FORD is down. |
| ChartMill Relative Strength | 91.63 | POSITIVE | FORD has a high relative strength, it outperformed 91.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FORD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FORD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FORD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.31 | NEUTRAL | The RSI value for FORD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests FORD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.63 | OVERSOLD | The low Stochastics value suggests FORD may be oversold. |
| Average True Range in percent/ATR (20) | 9.25 | HIGH VOLATILITY | The high ATR as a percentage value for FORD suggests high volalility. |
| Average Directional Index/ADX (14) | 34.95 | POSITIVE | The high ADX value value for FORD suggests a strong trend. |
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)
NASDAQ:FORD (6/6/2025, 3:48:12 PM)
6.584
+0.28 (+4.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg4.51%
1 Week-12.74%
2 Weeks-13.93%
1 Month-14.17%
3 Month47.2%
6 Month48.58%
12 Month18.44%
2 Year-34.37%
3 Year-57.14%
5 Year-51.54%
10 Year-8.7%
15 Year-79.74%
Volatility
ATR(14)0.44
ATR(20)%9.25%
ATR Inc-34.91%
Range Today0.28
ADR(20)0.58
ADR(20)%8.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.63
Mansfield2.61
10 Day High8.05
10 Day Low5.79
20 Day High8.71
20 Day Low5.79
52 Week High8.97
52 Week Low3.1
CS1 End6.3
CR1 Start7.9
Volume & EV
DER(3)0.99%
DER(5)-4.93%
Volume8.09K
Volume Incr-33.55%
Vol(5)13.46K
Vol(50)45.06K