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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 1959229

Date Daily Closing Price Open High Low Volume
23 Thu May 2024 12.50 12.19 12.64 11.28 0.997 times
22 Wed May 2024 12.25 12.43 13.13 12.02 0.823 times
21 Tue May 2024 12.56 13.30 13.32 11.21 2.33 times
20 Mon May 2024 13.50 14.30 14.30 13.47 0.992 times
17 Fri May 2024 14.28 15.43 15.50 14.26 0.727 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.8, but if it comes above 13.8, then a intra day buy could be more profitable.
If you take a sell trade below 13.8, then use 13.8 as stoploss and 9.3 as target. However if you take a buy trade in stock , then use 13.8 as stoploss and 17.6 as target.

Share price targets for Forward Air (FWRD)

Target Type Value
Downside Target 11.21
Upside Target 12.85
Upside Target 14.06
Upside Target 17.32
Upside Target 20.95
Upside Target 21.60
Upside Target 22.20
Upside Target 23.39
Upside Target 24.19
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 11.04
Downside Intraday Target 9.58
Upside Intraday Target 14.13
Upside Intraday Target 15.76
Upside Intraday Target 12.67

Weekly technical analysis of Forward Air (FWRD)

Date Weekly Closing Price Open High Low Volume
23 Thu May 2024 12.50 14.30 14.30 11.21 1.381 times
17 Fri May 2024 14.28 15.62 17.32 14.06 0.772 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

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
23 Thu May 2024 12.50 22.02 22.22 11.21 1.611 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Forward Air (FWRD)

Indicator Name Indicator Value Indicator Signal
ADX 7, 45, 74 Sell
MACD -7, -7Sell
Stochastics 16Sell
CCI -113Sell
RSI 35Sell
OBV -14564331Sell
VWAP 14Sell
ADL 0Sell
ROC -25Sell
Force Index 0Sell

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 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 gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Forward Air Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 SELL signal for Forward Air in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.88 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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