F Watch

Ford Motor Co. (F) is showing a new parabolic sar bull signal, buttressed by the pps and a strong price rise of 3.8% low to high.

The signals and move come on executive happy talk to the Detroit News.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
F $13.29

In a broad sense the move can be seen as with the trend after a pullback during a run up that began in November 2008, at $1.01. The strike is now trading at $13.29.

In order to confirm the uptrend, F would need to exceed the recent high of $14.54.

The adx is 24, so it has been a marginally tending stock of late. Earnings are April 22, too close for analyst surprises, I would think, but you can never tell with the auto industry. It has a lot of analysts following it.

You are here:

• Reversal
• $14.89
• $14.54
• Now $13.29
• Reversal
• $12.34

 The last time F traded at this level was in February 2005. So it has been a long downturn for the automaker, one that began well before the recent collapse of capitalist finance.

This signal will be followed in the daily Watchlist, which is posted beginning around 2:45 p.m. Eastern. Look for it at www.timbovee.com.

Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic


About the glance: The colors indicate the state of each signal.

• trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
• adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.

New to Private Trader? Check out the Reader's Guide.

New to private trading? Here's a look at How to Become a Private Trader.