• Return to Headlines

Ford Motor (F) Approaches New Upside Target of $11.32

By David Diaz

Shares of Ford Motor (NYSE:F) have bullishly opened above the pivot of $11.21 today and have reached the first resistance level of $11.26. Analysts will be watching for a cross of the next upside pivot targets of $11.32 and $11.43.

Ford Motor (NYSE:F) has potential upside of 19.3% based on a current price of $11.31 and analysts' consensus price target of $13.49. The stock should find initial resistance at its 50-day moving average (MA) of $13.24 and further resistance at its 200-day MA of $13.67.

In the past 52 weeks, shares of Ford Motor have traded between a low of $10.44 and a high of $15.88 and are now at $11.31, which is 8% above that low price. 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 its subscribers protect gains by selling shares of Ford Motor on March 23rd, 2017 by issuing a Downtrend alert when the shares were trading at $11.63. Since that call, shares of Ford Motor have fallen 3.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: pivot alerts ford motor

Ticker(s): F