F closes lower for the 3rd day in a row


Ford Motor (F) Technical Analysis Report for Aug 10, 2018

Highlights

F dominated by bears dragging the market lower throughout the day
F closes lower for the 3rd day in a row
F ends the day on a bearish note closing near the low of the day
F breaks below previous session low
F falls to lowest close since September 5, 2012

Overview

Moving lower for the 3rd day in a row, F ended the week -2.99% lower at 9.74 after losing $0.17 (-1.72%) today. Today's closing price of 9.74 marks the lowest close since September 5, 2012. The bears were in full control today, moving the market lower throughout the whole session. Closing below Thursday's low at 9.90, Ford Motor confirms its breakout through the prior session's low having traded $0.18 below it intraday. Ending with a weak close near the low of the day sets a bearish note for the next session.

Daily Candlestick Chart (F as at Aug 10, 2018):

Daily technical analysis candlestick chart for Ford Motor (F) as at Aug 10, 2018

Friday's trading range was $0.19 (1.92%), that's slightly above last trading month's daily average range of $0.17. Things look different on a weekly scale, where volatility is below the markets average with the monthly volatility being slightly below average.

The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term.


Market Conditions for F as at Aug 10, 2018

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