F (Ford) Watch

Ford Motor Co. (F) is showing bull phase on the macd, the first phase switch on that stock since April 29.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
F $11.84

At 11:00 a.m. Eastern

The phase switch coincides with reports that Ford is about to shut down the Mercury line of cars, but macd has been toward the zero line for the past five tarding days.

The parabolic sar and Person's Proprietary Signal are showing a disconnect: The psar is in bear mode, and the pps in bull mode.

The price opened above the 20-day simple moving average and then declined to the ma20. A bounce back up would confirm the signals.

The stochastic is moving sideways in overbought territory (above the 80-line).

Reversal Levels

• $14.57, +23.1% (major high)
• $13.73, +16.0%
• $12.87, +8.7%
• $11.84 <== You are here.
• $10.42, -12.0%
• $10.17, -14.1% (swing low)

In a broad view, F made a stunning rise from its $1.01 low in November 2008 up to the April 26 high of $14.57. The decline to the most recent swing low, $10.17 on May 21, marked a lower low for the stock, and in fact the descent has shown two lower lows and one lower high. The price would need to exceed $12.87 to set a higher high and to indicate that the uptrend might be resuming. So although the signals are giving Ford a near-term bullish cast, the long-term picture is far from bullish.

---

Beat the Market: Win with Proven Stock Selection and Market Timing Tools Gerald Appel, the inventor of the MACD tech analysis tool, gives hard-earned wisdom on stock picking and the timing of tardes. A masterwork by a market master.

---

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
• 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. Disclaimer

Tim Bovee, Private Trader tracks the trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment. No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.