F unable to break through key resistance level

Ford Motor (F) Technical Analysis Report for Sep 14, 2018

Highlights

F unable to break through key resistance level
F closes higher for the 3rd day in a row
F pushes through previous session high
F rises to highest close since September 5th

TQ Sentiment

Report Sentiment: 0% Neutral
Technical Forecast:

Overview

Moving higher for the 3rd day in a row, F finished the week 1.94% higher at 9.45 after gaining $0.08 (0.85%) today. Today's closing price of 9.45 marks the highest close since September 5th. Closing above Thursday's high at 9.41, Ford Motor confirms its breakout through the previous session's high having traded $0.07 above it intraday.

Daily chart for F

Volatility

Friday's trading range was $0.12 (1.28%), that's below last trading month's daily average range of $0.17. Things look different on a weekly scale, where volatility is way below the markets average with the monthly volatility being slightly below average.

Support/Resistance

Unable to break through the key technical resistance level at 9.46, the stock closed below it after spiking as high as 9.48 during the day. The failure to close above the resistance could increase that levels importance as resistance going forward.

Trend

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

Order Flow

As prices are trading close to September's high at 9.58, upside momentum might accelerate should the share mark new highs for the month.

Conclusion

While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bullish.

Market Conditions for Ford Motor

Loading Market Conditions for $F (Ford Motor)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Ford Motor traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Market Movers

Related Stocks

AAP 10 day candlestick chart for AAP 168.44 -1.11 (-0.65%)
ADNT 10 day candlestick chart for ADNT 44.18 0.66 (1.52%)
ALSN 10 day candlestick chart for ALSN 53.44 0.46 (0.87%)
AMCX 10 day candlestick chart for AMCX 65.17 0.65 (1.01%)
AMZN 10 day candlestick chart for AMZN 1,915.01 -29.29 (-1.51%)
AN 10 day candlestick chart for AN 44.39 -0.08 (-0.18%)
APTV 10 day candlestick chart for APTV 90.27 0.50 (0.56%)
ARD 10 day candlestick chart for ARD 16.68 0.04 (0.24%)
ARMK 10 day candlestick chart for ARMK 42.97 -0.07 (-0.16%)
ATR 10 day candlestick chart for ATR 110.32 -0.17 (-0.15%)
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!