Is Forward Industries, Inc. technically bullish or bearish?

As of 10 October 2025, the technical trend for Forward Industries, Inc. has changed from bullish to mildly bullish. The weekly MACD and KST indicators are bullish, while the monthly MACD is also bullish, indicating positive momentum. However, the monthly RSI is bearish, suggesting some weakness. The Bollinger Bands show a mildly bullish stance for both weekly and monthly periods, and daily moving averages are mildly bullish as well. Dow Theory indicates a mildly bearish trend on the weekly chart, with no trend on the monthly chart.
In terms of performance, the stock has experienced a significant year-to-date return of 311.92%, vastly outperforming the S&P 500's 11.41%. However, it has underperformed the S&P 500 over the past month with a return of -19.09% compared to the S&P's 0.31%. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and KST indicators, despite some bearish signals from the RSI and Dow Theory.