Forward Industries' MACD Death Cross, Bollinger Bands Narrowing on 15min Chart

Monday, Oct 6, 2025 3:19 pm ET1min read

According to the 15-minute chart for Forward Industries, a bearish technical indicator has been triggered, specifically a MACD Death Cross and Bollinger Bands Narrowing on October 6, 2025 at 15:15. This suggests that the stock price has the potential to continue declining, with decreasing volatility.

A bearish technical indicator has been triggered for Forward Industries, signaling potential declines in the stock price. According to a 15-minute chart, a MACD Death Cross and Bollinger Bands Narrowing occurred on October 6, 2025, at 15:15. These indicators suggest that the stock price may continue to decline, accompanied by decreasing volatility Avalanche treasuries line up $1 billion to make AVAX part of the multi-chain finance[1].

The MACD Death Cross is a bearish signal that occurs when the MACD line crosses below the signal line. This often indicates a change in the trend from bullish to bearish. Bollinger Bands Narrowing, on the other hand, suggests that volatility is decreasing, which can sometimes precede a price decline. However, it is essential to note that technical indicators should be used in conjunction with other forms of analysis for more accurate predictions.

Forward Industries, which has been active in the digital asset treasury (DAT) space, has seen significant price movements in recent months. In September 2025, the company closed a $1.65 billion PIPE financing deal, led by Galaxy Digital, Jump Crypto, and Multicoin Capital, which helped push the stock price above $250 for the first time since January .

However, the recent technical indicators suggest a potential shift in the stock's trajectory. Investors should closely monitor the stock's performance and consider other forms of analysis, such as fundamental analysis, to make informed investment decisions.

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