Is Forward Industries, Inc. technically bullish or bearish?

Sep 20 2025 07:14 PM IST
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As of July 8, 2025, Forward Industries, Inc. has shifted to a bullish trend with strong indicators from MACD and moving averages, despite a bearish monthly RSI, and has outperformed the S&P 500 significantly with a year-to-date return of 537.17%.
As of 8 July 2025, the technical trend for Forward Industries, Inc. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators from the weekly and monthly MACD, which are both bullish, and the daily moving averages also indicating bullish momentum. The Bollinger Bands are bullish on a monthly basis and mildly bullish weekly, while the KST shows bullish signals across both time frames. However, the monthly RSI is bearish, suggesting some caution. Overall, the stock has demonstrated impressive returns, with a year-to-date return of 537.17% compared to the S&P 500's 12.22%, indicating significant outperformance.
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