FORWARD INDUSTRIES INC (FORD) Stock Technical Analysis
USA - NASDAQ:FORD - US3498624093 - Common Stock
30.45 USD
-1.09 (-3.46%)
29.8 USD
-0.65 (-2.13%)
We assign a technical rating of 10 out of 10 to FORD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FORD is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FORD is one of the better performing stocks in the market, outperforming 99% of all stocks.
FORD is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. FORD outperforms 98% of them.
FORD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FORD is lagging the market.
In the last month FORD has a been trading in the 9.92 - 46.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although FORD has an excellent technical rating, it does not present a decent entry opportunity 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
30.15
30.75
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 | UP | POSITIVE | The short term trend for FORD is up. |
| ChartMill Relative Strength | 99.55 | POSITIVE | FORD has a high relative strength, it outperformed 99.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FORD is above the rising 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) | 62.86 | NEUTRAL | The RSI value for FORD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.78 | POSITIVE | The MACD value suggests FORD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.13 | NEUTRAL | The Stochastics value for FORD is a neutral value. |
| Average True Range in percent/ATR (20) | 16.78 | HIGH VOLATILITY | The high ATR as a percentage value for FORD suggests high volalility. |
| Average Directional Index/ADX (14) | 50.38 | 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)
30.45
-1.09 (-3.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.46%
1 Week-15.65%
2 Weeks86.18%
1 Month194.2%
3 Month379.53%
6 Month703.43%
12 Month762.61%
2 Year300.45%
3 Year128.95%
5 Year119.07%
10 Year123.9%
15 Year-18.36%
Volatility
ATR(14)6.65
ATR(20)%16.78%
ATR Inc-37.66%
Range Today2.9
ADR(20)4.78
ADR(20)%15.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.55
Mansfield27.02
10 Day High46
10 Day Low20.6
20 Day High46
20 Day Low9.92
52 Week High46
52 Week Low3.1
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-3.41%
DER(5)-0.51%
Volume473.70K
Volume Incr70.11%
Vol(5)634.52K
Vol(50)229.15K