FORUM ENERGY TECHNOLOGIES IN (FET) Technical Analysis
NYSE:FET • US34984V2097
Current stock price
58.12 USD
+1.83 (+3.25%)
Last:
FET Technical Rating and Analysis
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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FET did better than 97% of all other stocks. We also observe that the gains produced by FET over the past year are nicely spread over this period.
- FET is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry. FET outperforms 98% of them.
- FET is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FET is performing more or less in line with the market.
- In the last month FET has a been trading in the 53.44 - 63.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FET Weekly and Daily overview Charts
FET Setup Rating and Analysis
Besides having an excellent technical rating, FET also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
FET Support and Resistance Analysis
40.03
58.70
3 important support areas can be observed.
- A support zone ranging from 56.11 to 58.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.28 to 54.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.43 from a trend line in the daily time frame.
FET Technical Indicator Signal Analysis
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 | 97.9 | POSITIVE | FET has a high relative strength, it outperformed 97.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FET is above a declining 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) | 54.08 | NEUTRAL | The RSI value for FET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests FET has a negative trend. |
| Stochastics (14,3) | 49.93 | NEUTRAL | The Stochastics value for FET is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for FET suggests high volalility. |
| Average Directional Index/ADX (14) | 37.07 | POSITIVE | The high ADX value value for FET suggests a strong trend. |
FET Chart- and CandleStick Pattern Analysis
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)
FET Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 58.05 | 56.10 | 1.95 (3.36%) | 25.00% |
| An entry @58.05. This is a Buy Stop order right above the resistance zone. | An exit @56.10. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.95 points, which is 3.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- The distance between exit and entry is rather small compared to the average daily movement of FET. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FET Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:FET (3/23/2026, 9:56:19 AM)
58.12
+1.83 (+3.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg3.25%
1 Week3.68%
2 Weeks-1.54%
1 Month-2.71%
3 Month57.76%
6 Month113.22%
12 Month174.32%
2 Year181.73%
3 Year121.35%
5 Year203.61%
10 Year-78.68%
15 YearN/A
Volatility
ATR(14)2.85
ATR(20)%5.68%
ATR Inc-0.14%
Range Today2.04
ADR(20)3.13
ADR(20)%5.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.9
3 months CRS97.73
6 months CRS98.46
Mansfield9.35
10 Day High59.75
10 Day Low53.44
20 Day High63.58
20 Day Low53.44
52 Week High63.58
52 Week Low12.78
CS1 End56.11
CR1 Start56.62
Volume & EV
DER(3)-3.36%
DER(5)-3.23%
Volume13.71K
Volume Incr-24.03%
Vol(5)233.68K
Vol(50)254.88K
FORUM ENERGY TECHNOLOGIES IN / FET TA FAQ
What is the ChartMill technical rating of FORUM ENERGY TECHNOLOGIES IN (FET) stock?
ChartMill assigns a technical rating of 10 / 10 to FET.
What is the current trend direction of FORUM ENERGY TECHNOLOGIES IN (FET) stock?
The current trend direction for FORUM ENERGY TECHNOLOGIES IN (FET) is Bullish.
What is the RSI signal for FORUM ENERGY TECHNOLOGIES IN (FET) stock?
FORUM ENERGY TECHNOLOGIES IN (FET) has an RSI value of 54.0835. This indicates that the stock is currently neutral.
What is the short term momentum for FET stock?
The short term momentum for FORUM ENERGY TECHNOLOGIES IN (FET) is positive.
What is the buy/sell signal for FORUM ENERGY TECHNOLOGIES IN (FET) stock?
The buy/sell signal for FORUM ENERGY TECHNOLOGIES IN (FET) is buy as both the short term and long term trends are positive.