- Activity pressure is positive on the latest completed week.
FWDI
NASDAQ
Week ended 31 Jul 2026
Weekly Investor Report
Forward Industries, Inc. · Consumer Cyclical · Footwear & Accessories
Latest close
4.03 USD
3.6%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -17.3% below the Trend Line and sits at 1.3% of its 52-week range. The latest completed week returned 3.6%, after a -16.2% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks strongly; valuation is neither clearly cheap nor expensive. Options positioning is bullish with 42/100 conviction, while the latest news-sentiment score is 51/100. Near-term considerations: volume confirmation is below normal; earnings are due in 11d.
Setup score
19
out of 100
Latest Close
4.03 USD
31 Jul 2026
1W Return
3.6%
latest completed week
4W Return
-16.2%
short-term follow-through
12W Return
-15.9%
quarterly tape
Trend Breadth
26.9%
14 of 52 weeks active
Volume Ratio
0.7x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Next-week expectancy is negative at 44.21% based on similar historical setup states.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
3.6%
Latest completed week; four-week move -16.2%.
Indicator stack
15/57
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Negative 44.21%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
Options pressure
Bullish
42/100 conviction; expected move 29.2%.
News sentiment
51/100
44 relevant articles in the latest sentiment read.
Event risk
11d
Next report is scheduled for 13 Aug 2026; event risk rises as the date approaches.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -17.3% below the Trend Line and sits at 1.3% of its 52-week range. The latest completed week returned 3.6%, after a -16.2% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 0.7x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
6 Feb
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.0412-week average 0.05
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.04Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -16.2% over four weeks, -15.9% over 12 weeks, and -66.8% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year14
Trend breadth26.9%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.58Latest activity-pressure read.
Pressure change-39.2%Four-week change in activity pressure.
Leadership-61.37Latest relative-leadership reading.
RS change-5.8%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks strongly; valuation is neither clearly cheap nor expensive.
Factor week 26 Jul 2026
Financial statements through 31 Mar 2026
Field coverage 82%
Model confidence 78%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength5/100Blend of value, momentum, and quality. Underlying universe rank 96; rank 1 is best.
Value29/100Relative valuation strength. Underlying universe rank 72; rank 1 is best.
Quality10/100Profitability and accounting quality. Underlying universe rank 91; rank 1 is best.
Momentum3/100Medium-term price momentum. Underlying universe rank 98; rank 1 is best.
Growth88/100Revenue and earnings growth. Underlying universe rank 13; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- - Price divided by trailing earnings.
- Price / sales
- 6.4x Market value relative to trailing revenue.
- EV / EBITDA
- - Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- -5.0% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 67.3% Gross profit retained from each unit of revenue.
- Operating margin
- -982.7% Operating profit retained from revenue.
- Free-cash-flow margin
- -36.2% Free cash flow generated from revenue.
- Return on invested capital
- -56.2% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 95.3% Latest one-year revenue growth.
- EPS growth
- - Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- -85019.3% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 4/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- - Cash dividends relative to market value.
- Buyback yield
- -0.8% Net share repurchases relative to market value.
- Shareholder yield
- -0.8% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- -0.1x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Options positioningBullish
FWDI shows bullish options pressure with a 42/100 conviction score, put-call volume ratio of 0.23, expected move of 29.2%, and Sharemaestro trend signal inactive.
Conviction42/100
Expected move29.2%
Put/call volume0.23
Insider activity-
No recent insider transactions are stored for this company.
News sentiment51/100
Weighted news tone is neutral across 44 relevant articles.
2 positive · 41 neutral · 1 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings11dNext report is scheduled for 13 Aug 2026; event risk rises as the date approaches.
Options expected move29.2%Nearest-chain priced movement where available.
52-week drawdown-91.2%Distance below the 52-week high.
13-week volatility11.1%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
6 Feb
6 Mar
3 Apr
1 May
29 May
26 Jun
31 Jul
Weeks higher10 of 2616 weeks finished lower.
Best week+21.5%Week of 3 Jul.
Worst week-21.5%Week of 5 Jun.
Latest week+3.6%Week of 31 Jul.
Shape of recent returns
Strong gains6
Modest gains4
Flat weeks0
Modest losses4
Sharp losses12
Recent vol11.1%13-week weekly-return volatility.
Base vol21.3%52-week weekly-return volatility.
Up/down split19/32Count of positive and negative weeks in the 52-week window.
Average skew16.4% / -10.5%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorUS Consumer Cyclical
4-week rank- / 100
Group average1.4%
Trend breadth37.0%
Trend37.0%active weekly trend signals
MD54.0%positive activity pressure
RS34.0%positive relative leadership
Four-week leaders
IndustryUS Footwear & Accessories
4-week rank14 / 14
Group average8.7%
Trend breadth50.0%
Trend50.0%active weekly trend signals
MD71.4%positive activity pressure
RS42.9%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape22/100
Trend, activity pressure, participation, and risk combine to a 22/100 tape read.
Indicator analysis30/100Latest 12-week confirmation: trend 0/12, activity pressure 12/12, relative leadership 0/12.
Activity pressure 0.04; No reversal markers Next-Week ExpectancyNegative 44.21%Next-week expectancy is negative with a 44.21% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors10/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 76; Small Cap Core rank 70 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Options42/100FWDI shows bullish options pressure with a 42/100 conviction score, put-call volume ratio of 0.23, expected move of 29.2%, and Sharemaestro trend signal inactive.
Bullish · Call-side pressure · Expected move 29.2% Sentiment51/100Weighted news tone is neutral across 44 relevant articles.
Forward Industries Ord Shs (FWDI) Technical Analysis: Support, Resistance, Indicators & Moving Averages Insiders50/100No recent insider transaction evidence is stored.
Earnings11dNext report is scheduled for 13 Aug 2026; event risk rises as the date approaches.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 31 Jul 2026 | 4.03 USD | 3.6% | 4.88 USD | 7.04 USD | 0.58 | -61.37 | 4.5M | Off |
| 24 Jul 2026 | 3.89 USD | -3.1% | 4.99 USD | 7.07 USD | 0.78 | -63.26 | 4.6M | Off |
| 17 Jul 2026 | 4.01 USD | -6.4% | 5.09 USD | 7.10 USD | 0.91 | -63.24 | 4.5M | Off |
| 10 Jul 2026 | 4.29 USD | -10.8% | 5.19 USD | 7.13 USD | 1.01 | -62.85 | 6.0M | Off |
| 3 Jul 2026 | 4.81 USD | 21.5% | 5.30 USD | 7.16 USD | 0.96 | -58.03 | 7.6M | Off |
| 26 Jun 2026 | 3.96 USD | -10.2% | 5.41 USD | 7.19 USD | 0.70 | -65.45 | 15.8M | Off |
| 19 Jun 2026 | 4.41 USD | 3.0% | 5.58 USD | 7.22 USD | 0.71 | -63.50 | 5.4M | Off |
| 12 Jun 2026 | 4.28 USD | 16.0% | 5.70 USD | 7.26 USD | 0.67 | -63.89 | 5.2M | Off |
| 5 Jun 2026 | 3.69 USD | -21.5% | 5.86 USD | 7.29 USD | 0.74 | -68.38 | 4.6M | Off |
| 29 May 2026 | 4.70 USD | 2.6% | 6.09 USD | 7.33 USD | 0.77 | -61.86 | 4.7M | Off |
| 22 May 2026 | 4.58 USD | 2.2% | 6.41 USD | 7.37 USD | 0.49 | -62.01 | 4.4M | Off |
| 15 May 2026 | 4.48 USD | -6.5% | 6.81 USD | 7.40 USD | 0.21 | -62.75 | 7.1M | Off |
| 8 May 2026 | 4.79 USD | 8.4% | 7.39 USD | 7.44 USD | -0.01 | -60.67 | 4.6M | Off |
| 1 May 2026 | 4.42 USD | -4.3% | 7.91 USD | 7.47 USD | -0.24 | -62.11 | 3.5M | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.