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Ford Motor (F, $11.72) (MACD) positive turned , January 31, 2024

Long
BATS:F   FORD MTR CO DEL
Ford Motor (F, $11.72) Moving Average Convergence Divergence (MACD) Histogram turned positive on January 31, 2024
This is a Bullish indicator signaling F's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 44 similar cases where F's MACD histogram became positive, and 32 of them led to successful outcomes. Odds of Success: 73%.

F in upward trend: 10-day moving average moved above 50-day moving average on January 31, 2024
The 10-day moving average for F crossed bullishly above the 50-day moving average on January 31, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 77%.

Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where F's RSI Indicator exited the oversold zone, 20 of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 67%.

The Momentum Indicator moved above the 0 level on January 29, 2024. You may want to consider a long position or call options on F as a result. In 55 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 67%.

The Moving Average Convergence Divergence (MACD) for F just turned positive on January 31, 2024. Looking at past instances where F's MACD turned positive, the stock continued to rise in 31 of 44 cases over the following month. The odds of a continued upward trend are 70%.

F moved above its 50-day moving average on January 25, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +3.42% 3-day Advance, the price is estimated to grow further. Considering data from situations where F advanced for three days, in 205 of 297 cases, the price rose further within the following month. The odds of a continued upward trend are 69%.

Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where F declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 68%.

F broke above its upper Bollinger Band on February 01, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for F entered a downward trend on January 30, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

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