FORUM ENERGY TECHNOLOGIES IN (FET) Stock Technical Analysis
NYSE:FET - US34984V2097 - Common Stock
26.275 USD
+0.74 (+2.92%)
We assign a technical rating of 10 out of 10 to FET. Both in the recent history as in the last year, FET has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FET did better than 92% of all other stocks.
FET is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry. FET outperforms 90% of them.
FET is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FET has a been trading in the 18.12 - 26.70 range, which is quite wide. It is currently trading near the high of this range.
Although FET has an excellent technical rating, it 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
13.80
26.54
3 important support areas can be observed.
- Support @20.36 from a trend line in the weekly time frame.
- Support @19.44 from a trend line in the daily time frame.
- A support zone ranging from 13.94 to 13.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FET is up. |
| ChartMill Relative Strength | 92.69 | POSITIVE | FET has a high relative strength, it outperformed 92.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FET is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.02 | NEUTRAL | The RSI value for FET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests FET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.57 | OVERBOUGHT | The high Stochastics value suggests FET may be overbought. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for FET suggests some volalility. |
| Average Directional Index/ADX (14) | 43.9 | POSITIVE | The high ADX value value for FET suggests a strong trend. |
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)
NYSE:FET (9/4/2025, 1:13:02 PM)
26.275
+0.74 (+2.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.92%
1 Week3.11%
2 Weeks8.55%
1 Month34.87%
3 Month54.54%
6 Month45.89%
12 Month59.56%
2 Year6.29%
3 Year20.2%
5 Year132.3%
10 Year-89.55%
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%4.42%
ATR Inc-8.61%
Range Today0.98
ADR(20)1.06
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.69
Mansfield3.41
10 Day High26.7
10 Day Low23.04
20 Day High26.7
20 Day Low18.12
52 Week High26.7
52 Week Low12.78
CS1 End20.36
CR1 StartN/A
Volume & EV
DER(3)-8.7%
DER(5)-6.09%
Volume49.22K
Volume Incr13.01%
Vol(5)110.46K
Vol(50)97.03K