Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Forward Air Corporation (NASDAQ:FWRD)
Strong Downtrend (-100) - FWRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FWRD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FWRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for FWRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FWRD
The long-term trend has been DOWN since Aug 11th, 2023 at 94.120
The intermediate-term trend has been DOWN since Jan 3rd, 2024 at 61.495
The short-term trend has been DOWN since Apr 11th, 2024 at 28.260
Smart Scan Analysis for FWRD
Based on our trend formula, FWRD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.72 | 23.81 | 22.72 | 23.60 | +0.85 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.75 | 407367 | 2024-04-19 14:53:14 |
| Year High | 72.81 | Year High Date | 2018-10-01 |
| Year Low | 51 | Year Low Date | 2018-03-28 |
| 52wk High | 121.38 | 52wk High Date | 2023-07-27 |
| 52wk Low | 22.0807 | 52wk Low Date | 2024-04-18 |
| Year End Close | 35.01 | Average Volume | 871,694 |
| Shares Outstanding | 26,370 | Short Interest | 636,802 |
| Market Cap | 1,834M | Assets | 297,953,300M |
| Liabilities | 221,527,200M | P/E Ratio | 3.5547 |
| Beta | 1.27 | Volatility | 29.19 |