Is Forward Industries, Inc. technically bullish or bearish?

Oct 06 2025 12:02 PM IST
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As of October 3, 2025, Forward Industries, Inc. shows a mildly bullish trend with strong performance, having returned 355.15% year-to-date compared to the S&P 500's 14.18%, despite mixed signals from technical indicators.
As of 3 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time frames, and bullish moving averages on a daily basis. However, the monthly RSI indicates a bearish signal, and the weekly Dow Theory shows a mildly bearish trend. The Bollinger Bands are mildly bullish on both weekly and monthly charts.

In terms of performance, Forward Industries, Inc. has significantly outperformed the S&P 500 year-to-date with a return of 355.15% compared to the S&P 500's 14.18%, and over the past year, it has returned 543.71% versus the S&P 500's 17.82%.
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