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Look for Shares of Ford Motor Co to Potentially Rebound after Yesterday's 1.55% Sell Off

By James Quinn

Ford Motor Co (NYSE:F) traded in a range yesterday that spanned from a low of $8.85 to a high of $8.95. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $9.00 on volume of 2.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Ford Motor Co have traded between a low of $7.41 and a high of $10.56 and are now at $8.87, which is 20% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Ford Motor Co and will alert subscribers who have F in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders ford motor co

Ticker(s): F