Ford Stock Forecast
Green day on Thursday for Ford
(Updated on Apr 18, 2024)
The Ford stock price gained 0.166% on the last trading day (Thursday, 18th Apr 2024), rising from $12.04 to $12.06. During the last trading day the stock fluctuated 1.59% from a day low at $11.98 to a day high of $12.17. The price has fallen in 6 of the last 10 days and is down by -8.71% for this period. Volume fell on the last day by -535 thousand shares and in total, 38 million shares were bought and sold for approximately $462.50 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
Given the current short-term trend, the stock is expected to rise 10.66% during the next 3 months and, with a 90% probability hold a price between $13.35 and $15.37 at the end of this 3-month period.
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F Signals & Forecast
Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ford stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $12.45 and $12.67. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, April 03, 2024, and so far it has fallen -11.65%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Ford stock
Ford finds support from accumulated volume at $11.78 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.190 between high and low, or 1.59%. For the last week, the stock has had daily average volatility of 2.92%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (F) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Ford Motor to open at $12.07, and during the day (based on 14 day Average True Range), to move between $11.70 and $12.42, which gives a possible trading interval of +/-$0.356 (+/-2.95%) up or down from last closing price. If Ford Motor takes out the full calculated possible swing range there will be an estimated 5.91% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $12.14 (0.66%) than the support at $11.78 (2.32%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Ford Motor stock A Buy?
The Ford stock holds several negative signals and despite the positive trend, we believe Ford will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.566 Sell Candidate Unchanged
Predicted Opening Price for Ford Motor of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $12.07 ( 0.0829%) | $12.06 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 12.26 | 1.66 % | |
| R2 | 12.19 | 1.06 % | ||
| R1 | 12.14 | 0.685 % | ||
| Current price: | 12.06 | |||
| Support | S1 | 12.00 | -0.519 % | |
| S2 | 11.95 | -0.89 % | ||
| S3 | 11.88 | -1.49 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 13.28 | 10.12 % | |
| R2 | 12.80 | 6.14 % | ||
| R1 | 12.14 | 0.663 % | ||
| Current price | 12.06 | |||
| Support | S1 | 11.78 | -2.32% | |
| S2 | 11.59 | -3.90% | ||
| S3 | 11.20 | -7.13% |
F Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 06, 2024 | Feb 15, 2024 | Mar 01, 2024 | $0.330 | 2.65% |
| 2 | Oct 17, 2023 | Nov 01, 2023 | Dec 01, 2023 | $0.150 | 1.42% |
| 3 | Oct 17, 2023 | Oct 31, 2023 | Dec 01, 2023 | $0.150 | 1.42% |
| 4 | Jul 13, 2023 | Jul 24, 2023 | Sep 01, 2023 | $0.150 | 1.24% |
| 5 | Apr 06, 2023 | Apr 25, 2023 | Jun 01, 2023 | $0.150 | 1.24% |
FAQ
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