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Stock Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
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.
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MarketClub’s Trade Triangles for FORD
The long-term trend has been DOWN since Mar 20th, 2023 at 1.0100
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 1.1826
The short-term trend has been DOWN since Mar 28th, 2023 at 1.0000
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.04 | 1.06 | 1.03 | 1.06 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.02 | 16722 | 2023-03-29 15:56:40 |
| Year High | 4.45 | Year High Date | 2018-01-19 |
| Year Low | 1.2 | Year Low Date | 2018-01-02 |
| 52wk High | 1.9393 | 52wk High Date | 2022-04-07 |
| 52wk Low | 0.95 | 52wk Low Date | 2023-03-28 |
| Year End Close | 1.48 | Average Volume | 27,474 |
| Shares Outstanding | 10,061 | Short Interest | 310,141 |
| % Institutional | 14.7 | Market Cap | 11M |
| Assets | 20,939,015M | Liabilities | 14,672,588M |
| P/E Ratio | 31.6 | Beta | 0.18 |
| Volatility | 47.56 |