Ford: the Sell signal flips into a fresh Buy
Ford stock rises 2.2% as the Sell signal flips into a fresh Buy
Ford: the Sell signal flips into a fresh Buy
Our view last week
Ford's rebound is losing steam: the week closes with a modest +1%, but buying volume has dropped for the third straight week (57%) and money flow is fading. In this week's weekly technical analysis, the Sell signal — active for 5 weeks — stays under management with the short at -2.2%: price is boxed between the 14.1 area and the 14.5 area, with earnings landing this very week on July 29.
This week's summary
Ford stock closes earnings week up 2.2%, and the daily chart shows four higher lows, from the 13 area to the 14 area: our weekly technical analysis confirms the price is holding. But the weekly signal only flips now, into a fresh Buy signal — 2nd of 16 fresh Longs for US stocks, signal strength 72 out of 100. Underneath, buyers are losing steam, and the quality band flags trading as not recommended: discipline calls for waiting for a pullback before stepping in.
IQS Phase
62
ordinary
Signal Strength
72
high · wide & volatile
Sizing
FULL
Ranking
#2 / 16
New us stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Rank position
ranks 2nd among the 16 fresh Longs for US stocks in our ranking, with a signal strength of 72 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein positive regime
Performanceweekly +6.11% · monthly -1.69%
F belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in positive regime according to our weekly reading.
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