Forward Industries' 15-minute chart has recently triggered a MACD Death Cross and a KDJ Death Cross, which occurred on October 2, 2025 at 09:45. This indicates that the stock price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may further decrease.
On October 2, 2025, at 09:45, Forward Industries' 15-minute chart triggered a MACD Death Cross and a KDJ Death Cross
SOL Strategies to Purchase 80k SOLs Extra; Solana Price Aims for $320[1]. These technical indicators suggest a potential shift in the stock's momentum towards the downside, signaling a possible continuation of the decline.
The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, indicating a bearish trend. The KDJ (Kaufman Adaptive Moving Average) Death Cross, similarly, signals a change in trend when the K line crosses below the D line. Both of these events suggest that the stock price may continue to decline.
Forward Industries has been a notable player in the Solana treasury market, with a significant holding of over 6.8 million SOL coins, valued at around $1.6 billion
VisionSys AI Stock Crashes 57% on $2B Solana Treasury Bet – Recovery Ahead?[2]. The company has also filed plans for a $4 billion equity program and has announced a partnership with Superstate to tokenize its stock on Solana
VisionSys AI Stock Crashes 57% on $2B Solana Treasury Bet – Recovery Ahead?[2]. Despite these strategic moves, the recent technical signals raise concerns about the stock's performance.
The broader market context also provides some insights. Solana has seen significant demand as a treasury management tool, with multiple firms announcing major financings and adoption plans in recent months . However, the recent price action of Solana and its treasury companies, including the drop in VisionSys AI's shares following its $2 billion Solana treasury initiative, suggests a cautious approach from investors .
Investors should closely monitor Forward Industries' performance and the broader Solana market to gauge the potential impact of these technical signals. While the MACD and KDJ Death Crosses are not definitive indicators of future price movements, they serve as important warning signs for investors to consider.
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