Forward Industries (FWDI) Technical Analysis: Signals, Charts & Indicators

1.85 / 10

Underperform

Technical assessment is poor, scoring 1.85/10. Both Marubozu White and Long Upper Shadow patterns register bearish bias with low win rates (~40%) and negative average returns. No bullish signals appear, suggesting heightened downside risk.

Analysis Checks(0/2)

Long Upper Shadow

Score1.84/10

Win Rate41.67%

Hist. Signals24

Avg Return-0.21%

Marubozu White

Score1.87/10

Win Rate40.00%

Hist. Signals5

Avg Return-0.93%

Technical Analysis of FWDI?

FWDI presents a Underperform setup with a Technical Score of 1.85/10. Key technical indicators highlight an RSI of 42.57 and a MACD of 0.05, with the trend anchored by the 50-Day SMA at 5.49. Traders should monitor key support at 4.77 and resistance at 5.03.