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Based on the 15-minute chart for Forward Industries, a technical indicator known as the Moving Average Convergence Divergence (MACD) has recently triggered a "death cross" signal. Additionally, the candlestick pattern known as the "bearish marubozu" was observed on January 5, 2026 at 11:30. These indicators suggest that the stock price is poised to continue its downward trajectory, as sellers dominate the market and bearish momentum is expected to persist.
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