Ford Motor Company (NYSE:F) HEFFX Highlights

Ford Motor Company (NYSE:F) HEFFX Highlights

Ford Motor Company (NYSE:F) HEFFX Highlights

Ford Motor Co. will replace Chevrolet as the presenting sponsor of the 2017 Woodward Dream Cruise, metro Detroit’s annual celebration of car culture.

The Blue Oval will appear on signage and other media surrounding the 23rd annual cruise, which takes place Aug. 19. Ford inked a one-year deal with cruise officials, with an option to continue the partnership next year. A spokesman declined to reveal the price Ford paid for the sponsorship.

A handful of investors recently began extending short-term loans to an affiliate of Ford Motor Co. after more than a decadelong hiatus, opening a key borrowing spigot for the blue-chip auto maker, which was locked out of money markets in the last recession.

Ford tries to keep the Mustang fresh by periodically revisiting or dropping various design cues from the pony car’s illustrious history. For the slightly restyled 2018 Mustang, Ford will offer an optional Pony Package for EcoBoost engine-powered Mustangs (this means not a GT or GT350). Ford will wrap the running horse grille emblem in a chrome surround that Mustang zealots have come to call the “corral.”

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: Sideways.

Short term: Prices are stalling.

Intermediate term: Prices are ranging.

By the way, prices are vulnerable to a correction towards 11.40.

The projected upper bound is: 11.75.

The projected lower bound is: 10.94.

The projected closing price is: 11.35.

FORD MOTOR CO closed up 0.010 at 11.350. Volume was 100% below average (consolidating) and Bollinger Bands were 41% narrower than normal.

Open        High        Low         Close        Volume
11.350      11.350      11.350     11.350      8,238

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

Moving Averages: 10-period          50-period         200-period
Close:                      11.25                   11.12                   11.89
Volatility:               26                        23                       25
Volume:                  28,936,280       38,773,888       37,014,840

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 is currently 4.5% below its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect volume flowing into and out of F at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on F and have had this outlook for the last 27 periods.

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 32.4138. This is not an overbought or oversold reading. The last signal was a sell 25 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 55.38. 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 59 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 89. This is not a topping or bottoming area. The last signal was a sell 3 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 5 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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