Ford Motor Company (NYSE:F) Going Through A Transformation

Ford Motor Company (NYSE:F) Going Through A Transformation

Ford Motor Company (NYSE:F) Going Through A Transformation

  • Ford chooses self-drive chief to spearhead turnround
  • Ford Seeks To Change Its Investor Story
  • Ford replaces CEO in push to transform business
  • Ford recently announced plans to cut jobs and shift production away from sedans and toward sport utility vehicles and crossovers.
  • Mark Truby to become Ford’s VP of communications
  • Ford cuts unlikely to impact Thailand
  • Ford to invest $350m in Michigan transmission plant

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations. The Automotive segment primarily includes the sale of Ford and Lincoln brand vehicles, service parts, and accessories across the world. The Financial Services segment primarily includes its vehicle-related financing and leasing activities at Ford Motor Credit Company LLC. Ford Smart Mobility LLC is a subsidiary formed to design, build, grow, and invest in emerging mobility services. The Central Treasury Operations segment is primarily engaged in decision making for investments, risk management activities, and providing financing for the Automotive segment.

Overall, the bias in prices is: Downwards.

Short term: Prices are stalling.

Intermediate term: Prices are trending.

By the way, prices are vulnerable to a correction towards 11.51.

The projected upper bound is: 11.52.

The projected lower bound is: 10.62.

The projected closing price is: 11.07.

FORD MOTOR CO closed up 0.230 at 11.100. Volume was 88% above average (neutral) and Bollinger Bands were 12% wider than normal.

Open       High        Low           Close         Volume
11.110      11.130      10.980      11.100      73,335,000

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish

Moving Averages: 10-period           50-period          200-period
Close:                       10.95                  11.43                   12.09
Volatility:                19                        25                        25
Volume:                  41,049,000       43,701,980        36,170,336

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary
FORD MOTOR CO gapped up today (bullish) on normal volume. Possibility of a Runaway Gap which usually signifies a continuation of the trend. Four types of price gaps exist – Common, Breakaway, Runaway, and Exhaustion. Gaps acts as support/resistance.
FORD MOTOR CO is currently 8.2% below its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of F at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on F and have had this outlook for the last 3 periods. Our momentum oscillator has set a new 14-period high while the security price has not. This is a bullish divergence.

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 59.5238. This is not an overbought or oversold reading. The last signal was a buy 2 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 47.91. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 25 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 51. This is not a topping or bottoming area. The last signal was a buy 1 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 0 period(s) ago.

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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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