The Relative Strength (RS) Rating for Ford Motor entered a new percentile Friday, as it got a lift from 67 to 74.
Can You Really Time The Stock Market?
IBD's unique RS Rating identifies technical performance 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 best-performing stocks often have an RS Rating of above 80 as they launch their biggest runs. See if Ford Motor can continue to show renewed price strength and clear that threshold.
While it's not currently an ideal time to jump in, see if the stock manages to form a chart pattern and break out.
Top and bottom line growth moved higher last quarter. Earnings were up -21%, compared to -71% in the prior report. Revenue increased from -5% to 5%.
The company earns the No. 5 rank among its peers in the Auto Manufacturers industry group. Ferrari is the top-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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