Ford Motor Co. faced a notable event in trading on Tuesday as its shares, under the symbol F, dipped below their 200-day moving average of $12.17. The stock changed hands, plummeting to as low as $11.94 per share, reflecting a decline of about 0.7% on the day. This shift is crucial for investors keeping a keen eye on the company’s performance.
Analyzing the chart showcasing the one-year performance of F shares in comparison to its 200-day moving average, it is evident that Ford Motor Co.’s low point in the 52-week range stands at $9.63 per share, contrasting with the high point of $15.42 in the same period. The most recent trade settled at $12.05, indicating the stock’s current standing.
The data regarding F’s DMA was retrieved from Technical Analysis Channel, signifying a potential shift in market dynamics that investors need to acknowledge and evaluate closely.
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