NASDAQ:FWRD • US34986A1043
Overall FWRD gets a technical rating of 4 out of 10. In the last year, FWRD was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Although the technical rating is only medium, FWRD does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 29.46. Right above this resistance zone may be a good entry point.
13.81
We found 5 important support areas.
We found 1 important resistance area.
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 FWRD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FWRD is neutral. |
| ChartMill Relative Strength | 74.55 | POSITIVE | FWRD has a high relative strength, it outperformed 74.55% 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) | UP | MIXED | The current price of FWRD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FWRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.23 | NEUTRAL | The RSI value for FWRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests FWRD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.04 | NEUTRAL | The Stochastics value for FWRD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.98 | HIGH VOLATILITY | The high ATR as a percentage value for FWRD suggests high volalility. |
| Average Directional Index/ADX (14) | 25.26 | POSITIVE | The high ADX value value for FWRD suggests a strong trend. |
26.43
+1.15 (+4.55%)
ChartMill assigns a technical rating of 4 / 10 to FWRD.
The current trend direction for FORWARD AIR CORP (FWRD) is Bearish.
FORWARD AIR CORP (FWRD) has an RSI value of 44.2264. This indicates that the stock is currently neutral.
The MACD indicator for FORWARD AIR CORP (FWRD) has a value of -0.407086, indicating a bearish trend.