21.01 USD
+0.63 (+3.09%)
21.01 USD
0 (0%)
Taking everything into account, FWRD scores 1 out of 10 in our technical rating. FWRD'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, FWRD is a bad performer in the overall market: 91% of all stocks are doing better.
FWRD is part of the Air Freight & Logistics industry. There are 23 other stocks in this industry, of which 68% are performing better than FWRD.
FWRD 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 FWRD is lagging the market slightly.
In the last month FWRD has a been trading in the 17.41 - 23.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FWRD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
13.58
31.23
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.91 to 20.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.57 to 19.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.81 from a horizontal line in the weekly time frame.
- Support @18.33 from a trend line in the daily time frame.
- Support @13.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @21.18 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 22.25 to 22.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.71 from a trend line in the weekly time frame.
- Resistance @30.92 from a trend 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 | DOWN | NEGATIVE | The long term trend for FWRD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FWRD is neutral. |
| ChartMill Relative Strength | 9.07 | NEGATIVE | FWRD has a low relative strength, it was outperformed by 90.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FWRD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FWRD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FWRD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.41 | NEUTRAL | The RSI value for FWRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests FWRD has a positive trend. |
| Stochastics (14,3) | 51.24 | NEUTRAL | The Stochastics value for FWRD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for FWRD suggests high volalility. |
| Average Directional Index/ADX (14) | 22.12 | NEUTRAL | The ADX value for FWRD suggests a possible start of a new 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)
21.01
+0.63 (+3.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg3.09%
1 Week0%
2 Weeks-2.55%
1 Month6.22%
3 Month-30.04%
6 Month25.21%
12 Month-42.74%
2 Year-66.93%
3 Year-81.3%
5 Year-71.25%
10 Year-56.31%
15 Year-23.66%
Volatility
ATR(14)1.48
ATR(20)%6.26%
ATR Inc-3.55%
Range Today1.44
ADR(20)1.14
ADR(20)%5.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.07
3 months CRS9
6 months CRS83.3
Mansfield-2.18
10 Day High23.2
10 Day Low19.52
20 Day High23.2
20 Day Low17.41
52 Week High36.6
52 Week Low9.78
CS1 End20.98
CR1 Start21.18
Volume & EV
DER(3)1.33%
DER(5)0.43%
Volume830.30K
Volume Incr-19.51%
Vol(5)634.56K
Vol(50)868.41K
FORWARD AIR CORP / FWRD FAQ
Can you provide the ChartMill technical rating for FORWARD AIR CORP?
ChartMill assigns a technical rating of 1 / 10 to FWRD.
What is the current trend direction of FORWARD AIR CORP (FWRD) stock?
The current trend direction for FORWARD AIR CORP (FWRD) is Bearish.
Can you provide the RSI signal for FORWARD AIR CORP?
FORWARD AIR CORP (FWRD) has an RSI value of 50.4092. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FORWARD AIR CORP?
The MACD indicator for FORWARD AIR CORP (FWRD) has a value of 0.197306, indicating a bearish trend.
What is the short term momentum for FORWARD AIR CORP (FWRD) stock?
The short term momentum for FORWARD AIR CORP (FWRD) is neutral.