Ford sharpens decline - Analysis - 11-10-2018

Economies.com
2018-10-11 13:21PM UTC

Ford Motor Company's stock kept falling in the short term, amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA, recording another loss of 1.45% in the last session, or 0.13 points, while the stock vents off oversold saturation in the RSI despite losses, indicating a highly negative sign for future trading. 

 

Therefore we expect more losses for he stock, as long as the resistance of 9.30 holds on, targeting the support of 8.51. 

 

Expected trend for today: Bearish 

Stocks Technical Analysis

United States Analysis

Stocks

CVS price climbs cautiously - Forecast today - 28-03-2024
2024-03-28 11:18AM UTC
CVS Health Corporation Stock Analysis CVS Health Corporation’s stock price edged up in the ...
United States Analysis

Stocks

eBay price starts recovering - Forecast today - 28-03-2024
2024-03-28 11:17AM UTC
eBay Stock Analysis eBay’s stock price rose in the intraday levels amid the dominance of the ...
United States Analysis

Stocks

Taiwan Semiconductor price seeks a bottom to boost it higher - 28-03-2024
2024-03-28 11:17AM UTC
Taiwan Semiconductor Stock Analysis Taiwan Semiconductor’s stock price (TSM) fell in the ...