Ford Stock: Bullish Divergence (Price vs. RSI and MACD)
Ford's chart is showing bullish divergence as the stock price decreased but the RSI and MACD have increased.
This suggests that the stock may have bottomed out and is poised for a rebound.
Ford has a positive growth catalyst with its electric vehicle [EV] line-up: F-150 Lightning, Mustang Mach E, and E-Transit van.
The company also produces hybrids. The EVs and hybrids can stimulate growth for Ford during this time of high gas prices.
You can google the title: "Ford - The Future is Looking Brighter with EVs" to read more.
This suggests that the stock may have bottomed out and is poised for a rebound.
Ford has a positive growth catalyst with its electric vehicle [EV] line-up: F-150 Lightning, Mustang Mach E, and E-Transit van.
The company also produces hybrids. The EVs and hybrids can stimulate growth for Ford during this time of high gas prices.
You can google the title: "Ford - The Future is Looking Brighter with EVs" to read more.
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