Forward Industries MACD Death Cross, KDJ Death Cross, Bearish Marubozu Triggered

Forward Industries' 15-minute chart has exhibited a significant bearish trend, as evidenced by the MACD Death Cross, KDJ Death Cross, and Bearish Marubozu indicators. This suggests that the stock price has the potential to continue declining, with a shift in momentum towards the downside. The sellers are currently in control of the market, and it is likely that the bearish momentum will persist.

In Monday's intraday session, the technology sector witnessed a mixed performance, with some stocks experiencing significant gains while others posted notable declines. The Nvni Group NVNI stock surged by 46.5% to $0.49, reaching a market value of $45.4 million [1]. One Stop Systems OSS shares rose by 15.28% to $2.79, with a market cap of $59.4 million. GSI Technology GSIT shares increased by 14.09% to $3.82, with a market cap of $97.8 million, following the release of their Q4 earnings report [1].

Forward Industries FORD stock climbed by 14.04% to $8.4, with a market value of $9.2 million. Youxin Technology YAAS shares rose by 10.32% to $2.51, with a market value of $84.2 million. Alpha Modus Holdings AMOD shares moved upwards by 10.15% to $1.41, with a market cap of $17.5 million [1].

On the losing side, Unusual Machines UMAC shares fell by 25.6% to $5.14, with a market value of $86.5 million. FOXO Technologies FOXO shares decreased by 13.44% to $0.63, with a market value of $2.2 million. MicroAlgo MLGO shares declined by 13.02% to $3.81, with a market value of $37.9 million. AuthID AUID stock fell by 10.74% to $7.73, with a market cap of $94.9 million. Orangekloud Technology ORKT stock fell by 10.51% to $0.45, with a market cap of $10.4 million. Saverone 2014 SVRE stock decreased by 10.05% to $1.97, with a market cap of $1.2 million [1].

In a separate analysis, Forward Industries' 15-minute chart exhibited a significant bearish trend, as indicated by the MACD Death Cross, KDJ Death Cross, and Bearish Marubozu indicators. This suggests a potential continuation of the stock's downward movement, with sellers currently dominating the market [2].

References:
[1] https://www.benzinga.com/insights/movers/25/05/45201398/12-information-technology-stocks-moving-in-mondays-intraday-session
[2] https://www.benzinga.com/money/tech-stocks/