• Return to Headlines

SmarTrend Watching for Potential Rebound in Shares of Ford Motor Co After 1.63% Loss

By Shiri Gupta

Ford Motor Co (NYSE:F) traded in a range yesterday that spanned from a low of $8.97 to a high of $9.12. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $9.18 on volume of 11.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, Ford Motor Co has traded in a range of $8.17 to $13.48 and is now at $9.03, 11% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.2%.

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