Ford Motor Company (NYSE:F) New CEO, James Hackett

Ford Motor Company (NYSE:F) New CEO, James Hackett

Ford Motor Company (NYSE:F) New CEO, James Hackett

  • Ford said it hired Sherif Marakby as its new vice president in charge of its autonomous and electric vehicle efforts.
  • James Hackett, named CEO on Monday, has said he wants to streamline Ford’s hierarchy and speed up decision-making, as the No. 2 U.S. automaker faces threats from Silicon Valley’s self-driving technology and resurgent rival General Motors Co (GM.N) in its traditional markets.
  • The automaker said it will also combine its purchasing and product development operations under Hau Thai-Tang, previously head of global purchasing. Thai-Tang, 50, will have the task of simultaneously accelerating vehicle development and reining in costs as rival GM unleashes a volley of models aimed at the heart of Ford’s product lineup.

Ford Motor Company, news, NYSE, NYSE:F, outlook, shayne heffernan, trading, Ford

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.

Note: this chart shows extraordinary price action to the downside.

The projected upper bound is: 11.27.

The projected lower bound is: 10.37.

The projected closing price is: 10.82.

FORD MOTOR CO closed down -0.100 at 10.860. Volume was 18% above average (neutral) and Bollinger Bands were 18% narrower than normal.

Open          High         Low           Close         Volume
10.960      10.970      10.760      10.860      46,269,244

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

Moving Averages: 10-period           50-period       200-period
Close:                       10.92                  11.33                12.07
Volatility:                19                        25                     25
Volume:                   43,590,024      44,700,776      36,366,292

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 10.0% below its 200-period moving average and is in an downward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume out of F (mildly bearish). Our trend forecasting oscillators are currently bearish on F and have had this outlook for the last 6 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 54.2124. This is not an overbought or oversold reading. The last signal was a buy 5 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 39.90. 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 28 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 -78. This is not a topping or bottoming area. The last signal was a buy 4 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 3 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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