(Finance) – The stock is under pressure Ford Motorswhich trades at a loss of 1.84%.
The judgment decision decided by is weighing on the shares UBS. The experts from the research office have increased their recommendation on the automotive group’s shares to “neutral” from the previous “buy”.
The weekly analysis of the stock compared toS&P 100 shows a lag behind the index in terms of the relative strength of the leading car manufacturer in the worldwhich performs worse than the reference market.
Analyzing the scenario of Ford Motors there is a widening of the bearish phase at the test of the USD 11.14 support. First resistance at 11.34. Expectations are for an extension of the negative line towards new lows at 11.02.