Bullish Option Flow Detected In Ford $F Stock

  • Post category:Options Trading
  • Reading time:4 mins read
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Bullish option flow was detected in Ford (F) stock on December 16, 2021.

F Stock Bullish Option Flow

F Stock Option

Make sure to review this lesson on option flow so that you understand the image above.

Ford price target raised to $25 from $19 at Wells Fargo

Wells Fargo analyst Colin Langan raised the firm’s price target on Ford (F) to $25 from $19 and keeps an Overweight rating on the shares. The increased multiple reflects his more optimistic view of the multi-year auto recovery. Langan is also incorporating $11.7B in value for its stake in Rivian (RIVN) and $6B in value for Argo AI.

Ford price target raised to $23 from $18 at Barclays

Barclays analyst Brian Johnson raised the firm’s price target on Ford to $23 from $18 and keeps an Overweight rating on the shares. The analyst says that while investors seem largely inclined to buy auto suppliers for a 2022 production rebound, he’s cautious about the impact of inflation on the group. Meanwhile, car makers “should continue to enjoy strong pricing with tight inventories,” Johnson tells investors in a research note.

Ford chairman William Ford buys $8.5M in common stock

On December 14, 2021, in a regulatory filing, Ford disclosed that its chairman William Clay Ford bought 412.5K shares of common stock on December 10th in a total transaction size of $8.5M, boosting his stake by about 3%.

Ford delays output start of Explorer, Aviator EVs, Automotive News says

On December 10, 2021, Ford is postponing the beginning of production of battery-electric versions of its Explorer and Lincoln Aviator crossover vehicles by about 18 months, Automotive News’ Michael Martinez reports. The car maker also no longer intends to build such vehicles in Cuautitlan, Mexico, Martinez notes. Source: https://www.autonews.com/cars-concepts/ford-delays-explorer-aviator-evs

📈 FORD Stock Technical Analysis

F Stock

Both the short-term and long-term trends are positive. This is a very positive sign. F is one of the better-performing stocks in the Automobiles industry, it outperforms 92% of 26 stocks in the same industry. F stock is currently trading in the upper part of its 52-week range. The S&P500 Index however is currently trading near a new high, so Ford is lagging the market slightly. There is resistance at 20.26 from a trend line in the daily time frame. There is a support zone ranging from 19.09 to 19.14. This zone is formed by a combination of multiple trend lines in multiple time frames. Besides having an excellent technical rating, F also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 19.14, a stop order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal. Click here to sign up for email alerts on when to sell Ford stock.

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