FORWARD INDUSTRIES INC (FWDI) Technical Analysis
NASDAQ:FWDI • US3498624093
Taking everything into account, FWDI scores 1 out of 10 in our technical rating. FWDI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, FWDI is a bad performer in the overall market: 100% of all stocks are doing better.
- FWDI is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 92% of 124 stocks in the same industry do better.
- 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.
- In the last month FWDI has a been trading in the 4.03 - 5.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FWDI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
4.54
When analyzing the support we notice one important area.
- Support @4.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @8.90 from a horizontal line in the daily 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 FWDI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FWDI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | FWDI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FWDI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FWDI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.17 | NEUTRAL | The RSI value for FWDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests FWDI has a positive trend. |
| Stochastics (14,3) | 25.69 | NEUTRAL | The Stochastics value for FWDI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.44 | HIGH VOLATILITY | The high ATR as a percentage value for FWDI suggests high volalility. |
| Average Directional Index/ADX (14) | 34.27 | POSITIVE | The high ADX value value for FWDI suggests a strong trend. |
FWDI Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FWDI (3/4/2026, 9:46:51 AM)
4.7
+0.33 (+7.55%)
FORWARD INDUSTRIES INC / FWDI FAQ
What is the technical rating for FWDI stock?
ChartMill assigns a technical rating of 1 / 10 to FWDI.
What is the current trend direction of FORWARD INDUSTRIES INC (FWDI) stock?
The current trend direction for FORWARD INDUSTRIES INC (FWDI) is Bullish.
What is the RSI signal for FORWARD INDUSTRIES INC (FWDI) stock?
FORWARD INDUSTRIES INC (FWDI) has an RSI value of 36.1695. This indicates that the stock is currently neutral.
What is the buy/sell signal for FORWARD INDUSTRIES INC (FWDI) stock?
The buy/sell signal for FORWARD INDUSTRIES INC (FWDI) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for FORWARD INDUSTRIES INC (FWDI) stock?
FORWARD INDUSTRIES INC (FWDI) has a resistance level at 4.59. Check the full technical report for our detailed analysis of FWDI support and resistance levels.