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Stock Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Forward Industries, Inc. (NASDAQ:FORD)

Long-Term Downtrend (-90) - FORD is in a strong downtrend that is likely to continue. While FORD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid FORD?

MarketClub looks at technical strength and momentum to determine if the timing is right for FORD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FORD
Open High Low FORD Price Change
0.5997 0.6200 0.5500 0.5917 +0.1317
Entry Signal

MarketClub’s Trade Triangles for FORD

long term down The long-term trend has been DOWN since Mar 20th, 2023 at 1.0100

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2024 at 0.6761

short term down The short-term trend has been DOWN since Feb 15th, 2024 at 0.7150

Smart Scan Analysis for FORD

Based on our trend formula, FORD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FORD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5997 0.6200 0.5500 0.5917 +0.1317
Prev. Close Volume Bid Ask Time
0.5900 323679 2024-03-18 15:58:15
Year High4.45Year High Date2018-01-19
Year Low1.2Year Low Date2018-01-02
52wk High1.2152wk High Date2023-04-13
52wk Low0.4652wk Low Date2024-03-15
Year End Close1.48Average Volume17,606
Shares Outstanding10,061Short Interest310,141
% Institutional14.7Market Cap11M
Assets16,343,707MLiabilities14,030,855M
P/E Ratio31.6Beta0.18
Volatility47.56
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