Ford Motor Company Stock Forecast

Ford Motor Company stock price ended at 11.25€ on Wednesday, after losing 1.56%.
(Updated on Jun 12, 2024)

FMC1.F Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 4.91%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ford Motor Company stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 11.33€. On a fall, the stock will find some support from the short-term average at 11.20€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Ford Motor Company 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 very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Ford Motor Company stock

Ford Motor Company finds support from accumulated volume at 11.16€ 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 0.192€ between high and low, or 1.71%. For the last week the stock has had daily average volatility of 1.85%.

Our recommended stop-loss: 10.91€ (-2.96%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 48 days ago.)

Trading Expectations (FMC1.F) For The Upcoming Trading Day Of Thursday 13th

For the upcoming trading day on Thursday, 13th we expect Ford Motor Company to open at 11.28€, and during the day (based on 14 day Average True Range), to move between 11.02€ and 11.48€, which gives a possible trading interval of +/-0.230€ (+/-2.05%) up or down from last closing price. If Ford Motor Company takes out the full calculated possible swing range there will be an estimated 4.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 11.29€ (0.36%) than the support at 11.16€ (0.80%), 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 Company stock A Buy?

Ford Motor Company 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: -0.791 Hold/Accumulate Unchanged

Predicted Opening Price for Ford Motor Company of Thursday, June 13, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.