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Automobile Manufacturers Industry Stocks Technical Analysis - FArchive - 11/8/2024 - Sign In to see current Signals. |
Ford Motor (F) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Ford Motor (F). During the week, the F gained 0.75 points, or 7.34%, and closed at 10.97 on Friday, November 8, 2024. It was the best weekly gain since August 23, 2024. Weekly volume was 17% above average. Long-term trend: [See F long-term trend chart] A long-term downtrend had started on July 18, 2024 at 14.85 and reached 9.49 on August 5, 2024. F lost 5.36 points, or 36.09%, in 2 weeks. The price is now at the 27.61% retracement level. Medium-term trend: [See F medium-term trend chart] A medium-term uptrend had started on August 5, 2024 at 9.49 and reached 11.39 on October 28, 2024. F gained -1.90 points, or -20.02%, in 12 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (11.16) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend. Weekly Technical Indicators: [See F weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since July 26, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help. Short-term trend: [See F short-term trend chart] A short-term uptrend had started on October 29, 2024 at 10.18 and reached 11.23 on November 6, 2024. F gained -1.05 points, or -10.31%, in 8 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level. Daily Technical Indicators: [See F daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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