FORUM ENERGY TECHNOLOGIES IN (FET) Stock Technical Analysis
NYSE:FET - New York Stock Exchange, Inc. - US34984V2097 - Common Stock - Currency: USD
Taking everything into account, FET scores 6 out of 10 in our technical rating. In the last year, FET was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
FET is part of the Energy Equipment & Services industry. There are 59 other stocks in this industry. FET outperforms 72% of them.
When comparing the performance of all stocks over the past year, FET turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
FET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FET is lagging the market.
In the last month FET has a been trading in the 17.16 - 20.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FET has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.82
20.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.07 to 17.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.96 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.31 to 18.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.37 to 19.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.98
Mansfield-0.11
10 Day High20.1
10 Day Low17.3
20 Day High20.1
20 Day Low17.16
52 Week High20.85
52 Week Low12.83
Performance
1 Week-0.71%
2 Weeks4.82%
1 Month-3.48%
3 Month19.87%
6 Month2.07%
12 Month-5.48%
2 Year-37.57%
3 Year-4.59%
5 Year17.18%
10 Year-95.32%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)51.91
LBB16.74
UBB19.75
18.28
-0.71 (-3.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-3.74%
1 Week-0.71%
2 Weeks4.82%
1 Month-3.48%
3 Month19.87%
6 Month2.07%
12 Month-5.48%
2 Year-37.57%
3 Year-4.59%
5 Year17.18%
10 Year-95.32%
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%3.84%
ATR Inc25.19%
Range Today1.22
ADR(20)0.67
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.98
Mansfield-0.11
10 Day High20.1
10 Day Low17.3
20 Day High20.1
20 Day Low17.16
52 Week High20.85
52 Week Low12.83
CS1 End17.37
CR1 Start18.31
Volume & EV
DER(3)-5.09%
DER(5)-3.55%
Volume104.10K
Volume Incr38.03%
Vol(5)85.80K
Vol(50)75.83K