We last looked at F on October 13 and wrote that, "If you are looking for stocks that are already in uptrends instead of hoping for a rally from stocks still basing, you should check out F."
After the close of trading Wednesday the company reported an EPS beat of $0.47, on automotive revenue, and the stock is higher today. Let's review the charts again.
In the daily bar chart of F, below, we can see that the shares have worked higher this month. F remains above the rising 50-day moving average line. The 200-day moving average line is bottoming.
The On-Balance-Volume (OBV) line has made a small peak but overall shows improvement from May. The Moving Average Convergence Divergence (MACD) oscillator is above the zero line but close to a bearish crossover.