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No Pain, No Gain.Week 21 On Stock Market Click to watch.

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

StockInvest.us, 4 months ago

Ford Motor

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.

Ford Motor

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.

Check full Ford Motor forecast and analysis here.