Ford Motor Company 6.500% Notes Stock Forecast
Red day on Monday for Ford Motor Company 6.500% Notes stock after losing 0.519%
(Updated on Jun 17, 2024)
The Ford Motor Company 6.500% Notes stock price fell by -0.519% on the last day (Monday, 17th Jun 2024) from $25.05 to $24.92. During the last trading day the stock fluctuated 0.82% from a day low at $24.92 to a day high of $25.13. The price has fallen in 7 of the last 10 days and is down by -1.58% for this period. Volume has increased on the last day by 17 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 28 thousand shares were bought and sold for approximately $697.01 thousand.
The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Ford Motor Company 6.500% Notes stock with a 90% probability to be traded between $23.68 and $24.86 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
F-PD Signals & Forecast
The Ford Motor Company 6.500% Notes stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $25.08. On a fall, the stock will find some support from the long-term average at approximately $24.91. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, June 07, 2024, and so far it has fallen -1.66%. Further fall is indicated until a new bottom pivot has been found. Ford Motor Company 6.500% Notes gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The stock had a Golden Star Signal on Tuesday, July 11, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Tuesday, July 11, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Ford Motor Company 6.500% Notes stock
Ford Motor Company 6.500% Notes finds support from accumulated volume at $24.84 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.205 between high and low, or 0.82%. For the last week the stock has had daily average volatility of 0.98%.
Our recommended stop-loss: $24.10 (-3.29%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 7 days ago.)
Trading Expectations (F-PD) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Ford Motor Company 6.500% Notes to open at $24.99, and during the day (based on 14 day Average True Range), to move between $24.65 and $25.19, which gives a possible trading interval of +/-$0.270 (+/-1.08%) up or down from last closing price. If Ford Motor Company 6.500% Notes takes out the full calculated possible swing range there will be an estimated 2.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $24.84 (0.32%) than the resistance at $25.20 (1.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ford Motor Company 6.500% Notes stock A Buy?
Ford Motor Company 6.500% Notes holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.591 Hold/Accumulate Unchanged
Predicted Opening Price for Ford Motor Company 6.500% Notes of Tuesday, June 18, 2024
Fair opening price June 18, 2024 | Current price |
---|---|
$24.99 ( 0.274%) | $24.92 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for F-PD
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 25.19 | 1.10% |
R2 | 25.12 | 0.783% |
R1 | 25.07 | 0.588% |
Price | 24.92 | |
S1 | 24.91 | -0.0400% |
S2 | 24.86 | -0.234% |
S3 | 24.78 | -0.548% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 25.95 | 4.13% |
R2 | 25.56 | 2.57% |
R1 | 25.20 | 1.12% |
Price | 24.92 | |
S1 | 24.84 | -0.321% |
S2 | 24.80 | -0.482% |
S3 | 24.40 | -2.09% |
FAQ
Click here for our free guide on how to buy Ford Motor Company 6.500% Notes Stock.