Ford Motor stock upgraded from Buy Candidate to Strong Buy Candidate after Thursday trading session.

The Ford Motor stock price gained 2.25% on the last trading day (Thursday, 13th Jan 2022), rising from $24.47 to $25.02. , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 6.16% from a day low at $24.37 to a day high of $25.87. The price has risen in 7 of the last 10 days and is up by 22.23% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 80 million more shares were traded than the day before. In total, 184 million shares were bought and sold for approximately $4.61 billion.

On Jan 04, 2022 "Evercore ISI" gave "$16.00 - $18.00" rating for F. The price target was set to $24.26+11.4%.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $24.06, a level that may pose a second chance to hit a runner. According to fan-theory $26.77 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

Mostly positive signals in the chart today. The Ford Motor stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $24.32 and $21.07. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, December 20, 2021, and so far it has risen 28.84%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Ford Motor finds support from accumulated volume at $24.31 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.50 between high and low, or 6.16%. For the last week, the stock has had a daily average volatility of 4.50%.

The Ford Motor stock is extremely overbought on RSI14 (80). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for Ford Motor stock to perform well in the short-term period.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.