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Take a look at this Ford share level after the car manufacturer has exposed the prospects under the uncertainty of the tariff

Key Takeaways

  • The Ford shares rose on Tuesday, after the car manufacturer had reported quarterly results that exceeded Wall Street and used his forecast for the overall year with uncertainty about tariffs.
  • The recently broken stock has expanded over the upper trend line of a falling wedge pattern, but has met with resistance near the closely observed 200-day gliding average.
  • Investors should observe crucial support levels in the Ford table around $ 9.50 and $ 8.50 and at the same time monitor important levels of resistance in the amount of USD $ 10.25 and $ 11.25.

The Ford (F) parts closed on Tuesday, one day after the car manufacturer had reported quarterly results that exceeded the expectations of Wall Street and had occupied its forecast of the entire year under Auto Tariff.

Although the company has drawn its annual guidelines, the tariffs expect the adjusted profits by 1.5 billion US dollars this year, which means that the effects of the powerful car imports of the Trump administration record a number. After the Rival General Motors (GM) has recently reduced its prospects, the news comes and warned that auto tariffs could have an impact on the total year profit of $ 4 to $ 5 billion.

The Ford shares increased by 2.7% on Tuesday to close $ 10.44. The share has decreased by more than 16% in the past 12 months, since the challenges in the company's EV department and the ongoing tariff concerns burden on the mood of investors, although it has increased deeply by more than 20% from its early April.

In the following we take a closer look at the Ford diagram and apply technical analyzes to find decisive price levels that you should watch.

The sliding 200-day average offers resistance

Between July and April, Ford shares in a falling wedge pattern, which may indicate a long -term accumulation phase.

The share over the upper trend line of the pattern recently broke out, but is resistant to resistance near the closely observed 200-day average (MA).

It is also worth noting that the trading volume has dropped higher during the current step, which indicates that larger market participants and institutional investors and hedge funds remained on the side before the quarterly report of the car manufacturer.

Let us identify decisive support and resistance levels in Ford's diagram that investors will likely observe.

To observe decisive support levels

The first lower level that can be seen is 9.50 US dollars. In this area near a trend line, the stocks could find support that connects a number of corresponding price campaign on the table from August to April.

The sale below this level could transmit the shares with $ 8.50 lower support. In this region, investors can look for purchase opportunities in this region near the prominent swing of the last month, which also marked a bear trap in the share, a trading event that attracts investors for a violation of greater support – the lower trend line of the falling wedge in this case – before the price makes a quick reversal.

To monitor important resistance levels

In the trading session on Tuesday, 10.25 US dollars was a key level. This area in the table, just below the downfall 200-day-MA, was susceptible to selling pressure near a trend line that combined a series of peak and troughs on the table last September.

A persistent outbreak above this level could lead a step towards 11.25 US dollars. Investors who bought Ford shares at lower prices can search for winning opportunities in this area near several peaks that were developed on the chart between August and November last year.

Correction: The diagram in this story has been updated in order to correctly identify a trading pattern as the falling wedge pattern.

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Until the date on which this article was written, the author has none of the above securities.

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