Ford Motor Co. stock trades under the ticker F & has recently shown bullishness that traders & investors should take a closer look at.
F stock closed at $24.46/share on 1/6/2022 & looks set to continue climbing in the near-term.
Ford Motor Co. F Stock’s Technicals Broken Down
F Stock Price: $24.46
10 Day Moving Average: $21.78
50 Day Moving Average: $19.89
200 Day Moving Average: $15.15
RSI: 73.8
Ford Motor Co. stock has been on a steady uptrend since November, with higher than average volume for the last year so far in 2022.
Although their RSI is overbought, they look at have more momentum to come, although that may be cut short by broader market volatility that we have been experiencing.
I will be keeping an eye on their MACD lines to see how the trend slows while the look to establish a new price range for F shares.
Ford Motor Co. F Stock As A Long-Term Investment
As noted above, this post was begun on Friday, 1/7/2022, so some of the data below will reflect today, Monday 1/10/2022’s updated information as the markets are open as of me writing this & the following section.
F stock’s P/E (ttm) is 30.64, with a P/B (mrq) of 2.34, which investors may find appealing from a valuation perspective, given the nature of other, higher multiples we are seeing.
Ford saw -4.8% Quarterly Revenue Growth Y-o-Y, which was somewhat to be expected based on news reports during COVID times.
F stock’s balance sheet may be concerning to investors, with Total Cash (mrq) of $31.42B & Total Debt (mrq) of $145.87B.
Ford stock’s dividend yield has resumed payment, at ~1.68% based on the projected amount seen in 2022.
Only 53% of F stock’s share float is held by institutional investors.
Ford Motor Co. F Stock As A Short-Term Trade Using Options
Traders can use options to take advantage of Ford Motor Company’s current momentum, while hedging against a broader market downturn.
I am looking at the contracts with the 1/21/22 expiration date.
The $23.50 & $24 strike price call options all look appealing & highly liquid, as they have high levels of open interest.
The $24.50 & $25 puts also look interesting, and very liquid as well, although slightly less than calls, indicating that there is a stronger bullish sentiment in the near-term than bearish.
Tying It All Together
Overall, investors & traders should take a closer look at Ford Motor Co.’s stock.
They currently are on a long bullish streak, and have crossed into new highs in 2022.
While they are trying to establish a new price range to trade in there may be opportunities for traders to make some profits on the up & downside.
Long-term oriented investors may also use this as a means of timing a good entry, which can be difficult when a stock is at its highest levels in over a year.
*** I DO NOT OWN SHARES OF F STOCK ***