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After Yesterday's Decline of 2.48%, Ford Motor Co Offers Investors Better Value

By David Diaz

Ford Motor Co (NYSE:F) traded in a range yesterday that spanned from a low of $9.02 to a high of $9.16. Yesterday, the shares fell 2.5%, which took the trading range below the 3-day low of $9.21 on volume of 19.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Ford Motor Co share prices have moved between a 52-week high of $10.56 and a 52-week low of $7.41 and are now trading 22% above that low price at $9.04 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has risen 0.2%.

SmarTrend is monitoring the recent change of momentum in Ford Motor Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ford Motor Co in search of a potential trend change.

Keywords: rebounders ford motor co

Ticker(s): F