Ford Motor Co

F’s decisive break below the multi-week support zone on heavy volume and subsequent rejection at the 9- and 20-period EMAs shifts the medium-term outlook bearish. Short-term price trading below declining EMAs with no oversold exhaustion indicates continued downside risk. Sell-side engagement is appropriate now on rallies into the former support-turned-resistance area around the 14.00–14.20 zone, while a reclaim above these EMAs would invalidate this stance. The long-term uptrend remains intact above the 200-day SMA, anchoring structural polarity.

• ↑Full-year adjusted EBIT guidance raised to $10–11B, narrowing prior range.
• ↑Q2 cash of $22.3B and liquidity of $43.4B supports growth spends.
• ↓Negative profitability factor indicates weak earnings conversion ahead.