Overall FWDI gets a technical rating of 2 out of 10. FWDI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of FWDI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.81
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 | NEUTRAL | NEUTRAL | The long term trend for FWDI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FWDI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FWDI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 68.66 | NEUTRAL | The RSI value for FWDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.83 | POSITIVE | The MACD value suggests FWDI has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 13.53 | NEGATIVE | The low ADX value for FWDI suggests a weak or negative trend. |
8.9
+0.36 (+4.22%)
FORWARD INDUSTRIES INC / FWDI FAQ
What is the technical rating for FWDI stock?
ChartMill assigns a technical rating of 2 / 10 to FWDI.
Can you provide the trend direction for FORWARD INDUSTRIES INC?
The current trend direction for FORWARD INDUSTRIES INC (FWDI) is Bearish.
Can you provide the RSI signal for FORWARD INDUSTRIES INC?
FORWARD INDUSTRIES INC (FWDI) has an RSI value of 68.6633. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FORWARD INDUSTRIES INC?
The MACD indicator for FORWARD INDUSTRIES INC (FWDI) has a value of 0.827281, indicating a bearish trend.
What is the short term momentum for FWDI stock?
The short term momentum for FORWARD INDUSTRIES INC (FWDI) is positive.