Ford Motor Company (NYSE:F) new model could debut in 2019 or 2020

Ford Motor Company (NYSE:F) new model could debut in 2019 or 2020

Ford Motor Company (NYSE:F) new model could debut in 2019 or 2020

Ford (NYSE:F) plans to introduce a small utility vehicle based on its compact Focus sedan and with a nod to the automaker’s classic mid-1960s Bronco offroader.

The disclosure on the new introduction was made yesterday during Hau Thai-Tang’s presentation at the JPMorgan Auto Conference.

The unnamed new model will feature “offroad positioning and imagery” and carry a premium price.

Overall, the bias in prices is: Downwards.

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

By the way, prices are vulnerable to a correction towards 10.75.

The projected upper bound is: 10.27.

The projected lower bound is: 9.49.

The projected closing price is: 9.88.

Candlesticks

A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 5 white candles and 4 black candles for a net of 1 white candles. During the past 50 bars, there have been 22 white candles and 26 black candles for a net of 4 black candles.

Momentum Indicators

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 64.3835. This is not an overbought or oversold reading. The last signal was a sell 0 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 28.60. This is where it usually bottoms. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 4 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 -57. This is not a topping or bottoming area. The last signal was a buy 5 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 2 period(s) ago.

Rex Takasugi – TD Profile

FORD MOTOR CO closed down -0.140 at 9.910. Volume was 20% below average (neutral) and Bollinger Bands were 55% wider than normal.

Open High Low Close Volume___
10.060 10.070 9.905 9.910 8,630,273

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

Moving Averages: 10-period 50-period 200-period
Close: 10.00 11.08 11.44
Volatility: 17 23 27
Volume: 9,759,510 11,004,974 11,599,533

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 13.3% 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 moderate flows of volume out of F.N (mildly bearish). Our trend forecasting oscillators are currently bearish on F.N and have had this outlook for the last 31 periods. Our momentum oscillator is currently indicating that F.N is currently in an oversold condition.

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