Ford Motor saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 62 to 72.
Can You Really Time The Stock Market?
IBD's unique RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matched up against all other stocks.
Decades of market research shows that the market's biggest winners often have an RS Rating north of 80 as they launch their biggest climbs. See if Ford Motor can continue to rebound and hit that benchmark.
While it's not currently an ideal time to jump in, see if the stock is able to establish and enter a buy zone in heavy trade.
The company reported negative growth for both the top and bottom lines last quarter. Ford Motor is expected to release its next quarterly numbers on or around Jul. 30.
Ford Motor holds the No. 3 rank among its peers in the Auto Manufacturers industry group. Ferrari is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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