Ford Motor Bearish Moving Average Crossover Alert (F)
Today, shares of Ford Motor (NYSE:F) have fallen below their 10-day MA of $13.13 on a volume of 25.6 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, Ford Motor has traded in a range of $10.44 to $15.88 and is now at $12.86, 23% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.2%.
SmarTrend recommended that subscribers consider buying shares of Ford Motor on March 1st, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $12.92. Since that recommendation, shares of Ford Motor have risen 3.7%. We continue to monitor F for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses ford motor