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(FWRD) Forward Air complete technical analysis [charts+indicators] | Buy/Sell Forward Air | (FWRD) share price targets

Complete technical analysis of Forward Air (FWRD) by charts plus indicators, forecast predictions and share price targets for Forward Air (FWRD)

Forward Air trades in USA in Transportation sector.

10 day averaged volume of Forward Air is 1592612

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 15.40 14.47 15.59 14.06 0.995 times
15 Wed May 2024 14.41 14.96 15.09 14.14 0.769 times
14 Tue May 2024 14.82 16.40 16.96 14.77 0.895 times
13 Mon May 2024 16.16 15.62 17.32 15.19 1.029 times
10 Fri May 2024 15.44 16.75 16.75 14.45 1.394 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17, but if it comes above 17, then a intra day buy could be more profitable.
If you take a sell trade below 17, then use 17 as stoploss and 13.1 as target. However if you take a buy trade in stock , then use 17 as stoploss and 20.23 as target.

Share price targets for Forward Air (FWRD)

Target Type Value
Downside Target 12.85
Downside Target 14.06
Upside Target 17.32
Upside Target 20.95
Upside Target 21.60
Upside Target 23.39
Upside Target 24.19
Upside Target 25.74
Upside Target 26.35
Upside Target 30.95
Upside Target 36.30
Upside Target 36.68
Upside Target 44.26
Upside Target 44.70
Upside Target 64.33

Intraday share price targets for Forward Air (FWRD)

Target Type Value
Downside Intraday Target 13.87
Downside Intraday Target 12.33
Upside Intraday Target 17.13
Upside Intraday Target 18.85
Upside Intraday Target 15.59

Weekly technical analysis of Forward Air (FWRD)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 15.40 15.62 17.32 14.06 0.621 times
10 Fri May 2024 15.44 21.65 22.20 12.85 3.388 times
03 Fri May 2024 21.78 22.45 23.39 20.95 0.659 times
26 Fri Apr 2024 22.27 23.51 24.19 21.70 0.949 times
19 Fri Apr 2024 23.78 25.36 25.74 22.08 1.188 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Forward Air (FWRD)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 15.40 22.02 22.22 12.85 0.963 times
30 Tue Apr 2024 22.02 30.94 30.95 21.60 0.617 times
28 Thu Mar 2024 31.11 36.25 36.68 26.35 1.959 times
29 Thu Feb 2024 37.13 44.26 44.70 36.30 0.951 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Forward Air (FWRD)

Indicator Name Indicator Value Indicator Signal
ADX 10, 39, 60 Sell
MACD -6, -6Sell
Stochastics 22Sell
CCI -66Buy
RSI 33Sell
OBV -6140162Sell
VWAP 17Sell
ADL 0Sell
ROC -27Sell
Force Index 0Sell

Price action analysis of Forward Air ( (FWRD) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Forward Air ( (FWRD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Forward Air ( (FWRD) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Forward Air ( (FWRD) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Forward Air stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Forward Air in short term and the sell signal is strong.

Forward Air Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Forward Air in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Forward Air is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.8 and Forward Air (FWRD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Forward Air (FWRD) stock. Volume based technical analysis of Forward Air (FWRD) stock is negative.

Forward Air Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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