Ford Motor Co. (NYSE:F) shares are dropping Friday along with the rest of the auto sector. Here’s what you should know.
- Ford Motor stock is showing notable weakness. Why is F stock dropping?
Ford Stock Falls with Auto Stocks
Autos are weak across the board Friday. General Motors fell 2.56%, the largest drop in the group, followed by Thor Industries at 1.70%, Honda Motor at 1.66% and Rivian Automotive at 1.53%. The Consumer Discretionary sector ETF (XLY) also declined 1.30%.
Ford has trailed GM over the past year, down 6.1% against GM’s 12.6% gain. Stellantis N.V. has dropped 63.0%.
Ford Recalls 102,159 F-Series Trucks
Ford was also in the news Tuesday, when the National Highway Traffic Safety Administration announced a recall of 102,159 F-Series trucks in the U.S.
A defect affects the gauges. The agency said the analog tachometer and speedometer can get stuck or jump around, so drivers see wrong readings, Reuters reported. The recall spans certain 2026 F-150 and F-750 SD trucks and certain 2025 and 2026 trucks from the F-250 SD through the F-600. Dealers will fit replacement instrument cluster modules, with no charge to owners.
Ford Trades Below Key Moving Averages
Ford’s chart shows months of weakness. The stock fell to $11.46 on May 4, rallied to $17.78 by May 29 and has since given back nearly all of that rally, trading at roughly $11.58.
Friday’s decline pushed Ford below its 20-day, 50-day and 200-day moving averages and to its lowest level since May 5, roughly six months ago. A crossover on Oct. 13, when the 50-day average slipped under the 200-day, has added to longer-term pressure. The day’s drop also stood out, measuring about 2.4 times the stock’s typical daily move across the prior 20 sessions.
A close above the 20-day average at $12.14 would wipe out the loss. Support at $11.50 is the next line to watch, since a break would leave the stock near its May 4 low of $11.46.
F Shares Are Slipping
F Price Action: Ford shares were down 2.68% at $11.62 at the time of publication on Friday, according to Benzinga Pro.
Image: Tada Images/Shutterstock.com
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