From Yahoo Finance: 2025-05-06 16:31:00

Ford shares rose after reporting quarterly results that exceeded Wall Street expectations. The automaker suspended its full-year forecast due to uncertainty about tariffs. Ford’s stock broke out above a falling wedge pattern but faces resistance near the 200-day moving average. Key support levels are $9.50 and $8.50, while resistance levels are $10.25 and $11.25.

Ford shares closed higher on Tuesday after quarterly results beat expectations. The company suspended its full-year forecast due to tariff concerns, estimating a $1.5 billion impact from tariffs this year. Ford’s stock has gained over 20% from its April low but is down 16% over the past year. General Motors also recently slashed its outlook due to potential auto tariffs.

Ford shares climbed 2.7% on Tuesday to close at $10.44. The stock has faced challenges in its EV division and ongoing tariff worries. Trading volume has declined during the recent move higher, indicating institutional investors may be on the sidelines. Investors will be watching crucial support levels at $9.50 and $8.50, as well as resistance levels at $10.25 and $11.25.



Read more at Yahoo Finance: Watch These Ford Stock Levels After Automaker Suspends Outlook Amid Tariff Uncertainty