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Forward Industries: MACD Death Cross and Narrowing Bollinger Bands Indicate Uncertainty
ByAinvest
Friday, Jan 2, 2026 2:33 pm ET1min read
Based on the 15-minute chart for Forward Industries, a technical indicator known as the Moving Average Convergence Divergence (MACD) has triggered a death cross, indicating a potential continuation of the downward trend in the stock price. Additionally, the Bollinger Bands have narrowed, suggesting that the magnitude of stock price fluctuations is decreasing. This combination of indicators suggests that the stock price may experience further decline in the coming days.
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