Ford Motor Company's stock closed higher with a 0.31% new profit in the last session, or 0.03 points, touching the resistance of the 50-day SMA, exposing it to negative pressure and leading to a volatile session, with the dominance of the main downward trend in the medium term, while the RSI reached overbought levels compared to the stock's movements.
Therefore we expect the stock to return lower, as long as the resistance of 10.19 holds on, targeting the support of 9.60.
Expected trend for today: Likely Bearish