Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Ford Motor Company's stock (F) kept rising in the intraday levels, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels, amid the dominance of the upward correctional short-term trend, marking a profit of 0.72% in the last session, or 11 cents, while settling at 15.35.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 16.68, provided it settles above 14.60.
Expected trend for today: Bullish