FORWARD AIR CORP (FWRD) Technical Analysis
NASDAQ:FWRD • US34986A1043
Current stock price
FWRD Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FWRD. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, FWRD is a bad performer in the overall market: 90% of all stocks are doing better.
- FWRD is one of the lesser performing stocks in the Air Freight & Logistics industry. 72% of 23 stocks in the same industry do better.
- FWRD is currently trading in the lower part 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.
- In the last month FWRD has a been trading in the 14.81 - 27.80 range, which is quite wide. It is currently trading near the lows of this range.
FWRD Weekly and Daily overview Charts
FWRD Setup Rating and Analysis
The technical rating of FWRD is bad and it also does not present a quality setup 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
FWRD Support and Resistance Analysis
13.86
2 important support areas can be observed.
- A support zone ranging from 15.46 to 15.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.00 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.03 to 30.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
FWRD Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for FWRD is down. |
| ChartMill Relative Strength | 10.96 | NEGATIVE | FWRD has a low relative strength, it was outperformed by 89.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FWRD is below a declining 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) | 19.63 | OVERSOLD | The low RSI value suggests FWRD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests FWRD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.6 | OVERSOLD | The low Stochastics value suggests FWRD may be oversold. |
| Average True Range in percent/ATR (20) | 10.23 | HIGH VOLATILITY | The high ATR as a percentage value for FWRD suggests high volalility. |
| Average Directional Index/ADX (14) | 54.03 | POSITIVE | The high ADX value value for FWRD suggests a strong trend. |
FWRD Chart- and CandleStick Pattern Analysis
FWRD Technicals: Chart, Performance Metrics, Trend & Indicators
15.47
-0.04 (-0.26%)
FORWARD AIR CORP / FWRD TA FAQ
Can you provide the ChartMill technical rating for FORWARD AIR CORP?
ChartMill assigns a technical rating of 0 / 10 to FWRD.
What is the trend direction for 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 19.6329. This indicates that the stock is currently oversold.
What is the MACD signal for FORWARD AIR CORP (FWRD) stock?
The MACD indicator for FORWARD AIR CORP (FWRD) has a value of -0.584806, indicating a bearish trend.
Can you provide the buy/sell signal for FORWARD AIR CORP?
The buy/sell signal for FORWARD AIR CORP (FWRD) is sell as both the short term and long term trends are negative.