Is Forward Air Corp. technically bullish or bearish?

Oct 05 2025 11:53 AM IST
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As of October 3, 2025, Forward Air Corp. has shifted to a mildly bearish trend, indicated by weekly MACD and Dow Theory signals, despite daily moving averages showing mild bullishness, and it has underperformed the S&P 500 with a year-to-date return of -27.35% compared to the index's 14.18%.
As of 3 October 2025, the technical trend for Forward Air Corp. has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by the weekly MACD, which is mildly bearish, and the Dow Theory indicating a similar bearish sentiment. Additionally, the Bollinger Bands and OBV are also signaling bearish trends on a weekly basis. While the daily moving averages show a mildly bullish stance, the overall weekly indicators suggest weakness.

In terms of performance, Forward Air Corp. has significantly underperformed the S&P 500 across multiple periods, with a year-to-date return of -27.35% compared to the S&P 500's 14.18%, and a one-year return of -31.23% versus 17.82% for the benchmark.
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