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TMCNet:  Forward Air Shares Up 16.5% Since SmarTrend's Buy Recommendation (FWRD)

[January 24, 2013]

Forward Air Shares Up 16.5% Since SmarTrend's Buy Recommendation (FWRD)

Jan 24, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Forward Air (NASDAQ:FWRD) on October 24th, 2012 at $32.73. In approximately 3 months, Forward Air has returned 16.55% as of today's recent price of $38.14.

Forward Air share prices have moved between a 52-week high of $38.61 and a 52-week low of $29.65 and are now trading 29% above that low price at $38.14 per share. The 200-day and 50-day moving averages have moved 0.04% higher and 0.65% higher over the past week, respectively.

Forward Air Corporation provides transportation services to air freight forwarders, air cargo carriers, and domestic and international airlines. The Company also operates a truckload business that is an irregular route, high service-level carrier that transports a wide range of commodities in both interstate and intrastate commerce.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Forward Air shares.Log in and add Forward Air (FWRD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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