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New Uptrend appears for FWDI after 12.31% move

Forward Industries, Inc. (FWDI) — Nightly Technical Analysis · Aug 27, 2026, 17:39 ET
On Thursday, August 27th, FWDI moved up 12.31% while volume surged to 2.5× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New Uptrend, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 6.36, 6.06 & 5.74, with resistance at 6.98, 7.3 & 7.6. Meanwhile, Slow Stochastic is showing overbought conditions.

Current SwingTradeBot Technical Rating of FWDI: C

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Forward Industries, Inc. (FWDI)