Bumpy Terrain for Ford
Trading on Tuesday unveiled a less than savory picture for Ford Motor Co. (Symbol: F), as its shares tumbled below the 200-day moving average of $12.17, reaching as low as $11.94 per share. The day saw Ford Motor Co. shares taking a hit of about 0.7%. In assessing the twelve-month journey of F shares against its 200-day moving average, a tale of ups and downs is revealed.
Delving into the chart above exposes F’s lowest point in its 52-week range at $9.63 per share, juxtaposed against a high of $15.42. This stark contrast sets a stage where the latest trade stands timidly at $12.05.
