Ford Motor Companys stock price (F) advanced in latest intraday trading, after rebounding from the support of the 50-day SMA, which provided positive momentum and helped fuel recent gains. This move comes under the dominance of the main upward trend in the short term, with trading alongside a rising trend line. The latest rise also followed a successful attempt to vent off prior overbought saturation on the Stochastic, giving the stock more room for additional upside.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $11.39 holds on, targeting the first resistance level at $12.50.

Todays price forecast: Bullish