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ThecoinrepublicStockFORD Stock Price Forecast: Will F Stock...
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FORD Stock Price Forecast: Will F Stock Attain $15 Level?

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FORD stock price has taken a reversal from a lower level of $11.63 and is heading towards the key EMAs. Ford stock price was up by 4.64% last month.

F stock is showing signs of strength as it heads toward the 200-day EMA, a key indicator for long-term trends. It closed at $12.62, down by 0.16% for the day. The trading volume was 43.462 Million, compared to the 10-day average of 42.915 Million. The market capitalization of FORD stock is $50.508 Billion.

FORD stock price has seen a slight increase of about 5.61% over the past week and a modest gain of 4.64% over the past month. However, the stock has not performed well over the longer term, as it fell by about 13.09% over the past three months, and by about 14.50% over the past year. The stock’s performance throughout the year has also been disappointing as it is trading in a tight range.

FORD Stock Price Ready to Breach $15 Level

FORD Stock Price Forecast: Will F Stock Attain $15 Level?
Source: Tradingview

FORD stock price is currently trading below the 50, 100, and 200-day moving averages. However, buyers are trying to breach the essential EMA levels to attain higher levels. 

The bullish crossover and the green bars indicating bullishness on the MACD chart. MACD line is at -0.0822 and the signal line is at -0.2194 heading upward.

RSI is trading at 56.84 points and 14 SMA is below it at 42.31 heading upwards towards the overbought zone indicating a bullish trend.

How is F Stock Performing on the Weekly Timeframe?

FORD Stock Price Forecast: Will F Stock Attain $15 Level?
Source: Tradingview

On the weekly chart, the stock price is heading upwards, taking support from the lower levels and forming three green candles indicating positive momentum. However, the MACD and RSI are trading in the neutral zone, indicating neutrality. Moreover, the exact direction of the trend will be decided in the next few sessions.

Summary

FORD stock price is trading in a narrow channel heading upward from the lower levels. The main hurdle in the path of the upward rally is a cluster of EMAs acting as resistance. If the F stock price breaches the key EMAs level, then it could reach the $15 level in the upcoming days.

Technical Levels

  • Support Levels: $11.33 and $10.52
  • Resistance Levels: $13.19 and $14.24

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Ahtesham Anis
Ahtesham Anis
Ahtesham Anis is a Computer Science undergrad student currently based out of India. Coming from the business background and his keen interest in Cryptocurrency and Blockchain technology is what Ahtesham brings to the table. He is always an eager learner when it comes to exploring the new technologies and topics in the crypto world.
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