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Archive - 8/20/2010 Sign In to see current Signals. |
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Ford Motor |
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was the second negative week after 5 consecutive positive weeks for the Ford Motor (F). During the week, the F dropped -0.38 points, or -3.13%, and closed at 11.77 on Friday, August 20, 2010. Weekly volume was -39% below average. F is a member of Consumer Goods Sector. Consumer Goods is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See F long-term trend chart] A long-term uptrend had started on November 20, 2008 at 1.01 and reached 14.57 on April 26, 2010. F gained -13.56 points, or -1342.57%, in 74 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (13.69) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. F may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See F medium-term trend chart] A medium-term downtrend had started on April 26, 2010 at 14.57 and reached 9.75 on June 29, 2010. F lost 4.82 points, or 33.08%, in 9 weeks. The chart has formed a Falling Wedge chart pattern. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See F weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since April 30, 2010. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See F short-term trend chart] A short-term downtrend had started on August 3, 2010 at 13.24 and reached 11.60 on August 20, 2010. F lost 1.64 points, or 12.39%, in 17 days. The price is now at the 10.37% retracement level.
Daily Technical Indicators: [See F daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since August 10, 2010. This is an indication that the short-term trend is down. Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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