Ford Motor Co. (F) has been around since 1903, a long-term survivor of many business cycles, several wars, and inflation and deflation. The descendants of Henry Ford can take pride in their long history, but investors in the company may have less reasons to celebrate.
Let's check out the charts and indicators of F.
In the daily bar chart of F, below, we can see that the shares rallied into January and then quickly shifted into reverse gear. Prices have been cut in half in just short of five months. The slope of the 50-day moving average line is negative while the 200-day moving average line is cresting. The trading volume surged into the January zenith and has slowly weakened.
The daily On-Balance-Volume (OBV) line has been in a decline and that tells us that sellers of F have been more aggressive. The trend-following Moving Average Convergence Divergence (MACD) is bearish.