Learn to Evaluate (FWRD) using the Charts
January 23, 2025, 06:16 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for FWRD
- Buy FWRD near 32.22 target 41.51 stop loss @ 32.13 Details
The technical summary data tells us to buy FWRD near 32.22 with an upside target of 41.51. This data also tells us to set a stop loss @ 32.13 to protect against excessive loss in case the stock begins to move against the trade. 32.22 is the first level of support below 34.14 , and by rule, any test of support is a buy signal. In this case, support 32.22 is being tested, a buy signal would exist.
- Short FWRD slightly under 41.51, target 32.22, stop loss @ 41.63 Details
The technical summary data is suggesting a short of FWRD as it gets near 41.51 with a downside target of 32.22. We should have a stop loss in place at 41.63though. 41.51 is the first level of resistance above 34.14, and by rule, any test of resistance is a short signal. In this case, if resistance 41.51 is being tested, a short signal would exist.
Swing Trading Plans for FWRD
- Buy FWRD slightly over 35.08, target 41.51, Stop Loss @ 34.98 Details
If 35.08 begins to break higher, the technical summary data tells us to buy FWRD just slightly over 35.08, with an upside target of 41.51. The data also tells us to set a stop loss @ 34.98 in case the stock turns against the trade. 35.08 is the first level of resistance above 34.14, and by rule, any break above resistance is a buy signal. In this case, 35.08, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short FWRD slightly near 35.08, target 33.05, Stop Loss @ 35.18. Details
The technical summary data is suggesting a short of FWRD if it tests 35.08 with a downside target of 33.05. We should have a stop loss in place at 35.18 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 35.08, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for FWRD
- Buy FWRD slightly over 34.67, target 35.08, Stop Loss @ 34.59 Details
If 34.67 begins to break higher, the technical summary data tells us to buy FWRD just slightly over 34.67, with an upside target of 35.08. The data also tells us to set a stop loss @ 34.59 in case the stock turns against the trade. 34.67 is the first level of resistance above 34.14, and by rule, any break above resistance is a buy signal. In this case, 34.67, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short FWRD slightly near 34.67, target 33.1, Stop Loss @ 34.75. Details
The technical summary data is suggesting a short of FWRD if it tests 34.67 with a downside target of 33.1. We should have a stop loss in place at 34.75 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 34.67, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Forward Air Corporation (FWRD) available here: FWRD.
FWRD Ratings for January 23:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Neutral |
| P1 |
0 |
0 |
22.93 |
| P2 |
33.1 |
33.05 |
32.22 |
| P3 |
34.67 |
35.08 |
41.51 |
AI Generated Signals for FWRD
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Forward Air Corporation (NASDAQ: FWRD) report below can help you understand how to do this. The trading plans for FWRD, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for FWRD:
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