Resistance

<ul class="list-ic vertical">
 <li><span>1</span> <a>Ford stock price is currently trading below the key moving averages.</a></li>
 <li><span>2</span> <a>F stock price taking support on the value of $11.</a></li>
</ul>
<p>Ford stock price is taking support near the value of $11 and trying to bounce back from there. However, Ford stock price is facing strong bearish pressure on the daily technical charts, as it is trading below the 100 and 200-day EMA. The stock has failed to break above its key resistance levels near the EMAs in the past few months, despite several attempts by the buyers.</p>
<p>The stock is currently trading near $12.00, with a marginal gain of 0.84% in the intraday session. The stock has a potential upside target of $15, but it needs to overcome the bearish momentum and surge above the 200-day EMA. The stock has a support level of $11, which prevents the stock from further downside.&nbsp;</p>
<p>Ford price prediction suggests that the stock is in the firm grip of the bears and needs to show some signs of reversal before confirming a bullish trend.</p>
<p>The technical indicators favor the bears projecting a neutral perspective for the buyers. RSI and stochastic RSI oscillator are moving near the median zone whereas the major EMA lines are acting as barrier points for F stock price.</p>
<p>The company’s performance has been dismal throughout the year. It has given a nominal return of 1.52% in the year-to-date period, -3.34% in the last six months, 0% in the last month, and -4.84% in the last week. This shows a persistent bearish trend that has not reversed yet.</p>
<h2 class="wp-block-heading" id="strong-will-ford-stock-price-break-above-the-key-moving-averages-strong"><strong>Will Ford Stock Price Break Above the Key Moving Averages?</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh4.googleusercontent.com/AbKIg6Tolr1yman_dCiM1SHhzh4kiL9x4wXgclVH1UPBtL0jtz4ciqODarZJ1dqIB45BvbWQX2z2xmNohJckp_ucLabkuyQVHDoYj9wDtwYjdhCtMJAKfnuMDxesdfAs3q8uoGCnyQdm1zZGnKNoWUo" alt="Ford Stock Defending $11 Level; Is F Stock Ready To Take Off?">
  <figcaption class="wp-element-caption">
   Source: Ford.1D.NYSE by <a href="https://www.tradingview.com/x/Sg3QyZmD/" rel="noopener noreferrer nofollow">TradingView</a>
  </figcaption>
 </figure>
</div>
<p>Ford stock (NYSE: F) is trading under the 50 and 200-day EMAs (Exponential moving averages), which are not upholding the price trend.&nbsp;</p>
<p>The current value of RSI is 41.38 points. The 14 SMA is above the median line at 47.45 points which indicates that the Ford stock price is neutral.</p>
<p>The MACD line at -0.0970 and the signal line at -0.0970 are above the MACD curve. A bearish crossover is observed in the MACD indicator which signals Weakness for the F stock price.</p>
<h3 class="wp-block-heading" id="strong-weekly-time-horizon-analysis-of-f-stock-strong"><strong>Weekly-Time Horizon Analysis of F Stock</strong></h3>
<p>The weekly charts of Ford stock reveal that the sellers have been dominant. The stock has been on a downward trend, as it has broken below the key EMAs. The technical indicators also confirm the bearish outlook, as the RSI is near the oversold zone at 42 and the MACD has formed red bars and a bearish crossover. These signals indicate that the <a href="https://www.thecoinrepublic.com/2023/09/22/can-ford-stock-nyse-f-regain-its-pride-back-gain-strength/" rel="noopener noreferrer nofollow">stock price </a>may face more downside pressure in the coming weeks.</p>
<h3 class="wp-block-heading" id="strong-technical-levels-strong"><strong>Technical Levels</strong></h3>
<p><strong>Support Levels</strong>: The Ford stock price may find support at $11.63 and $11.13, where it could bounce back or stabilize.</p>
<p><strong>Resistance levels</strong>: The F stock price may face resistance at $12.68 and $13.00, where it could reverse or consolidate.</p>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.</p>

Ford Stock Defending $11 Level; Is F Stock Ready To Take Off?

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Thecoinrepublic.com

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