In the realm of trading, Friday witnessed a significant event as shares of Ford Motor Co. (Symbol: F) dipped below their 200-day moving average of $11.96, descending to a low of $11.91 per share. Presently, Ford Motor Co. shares are experiencing a decline of approximately 1% for the day. Observing the one-year performance chart below, it vividly portrays the journey of F shares in comparison to its 200-day moving average:
As we delve deeper into the chart, it’s apparent that F’s lowest point in its 52-week range stands at $9.63 per share, while the pinnacle reaches $15.42. This is contrasted with the most recent trade settling at $12.01. The insight regarding F’s DMA provided above was garnered from the esteemed house of Technical Analysis Channel.
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