FORUM ENERGY TECHNOLOGIES IN (FET) Stock Technical Analysis
NYSE:FET - New York Stock Exchange, Inc. - US34984V2097 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to FET. FET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FET is a bad performer in the overall market: 77% of all stocks are doing better.
FET is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
FET is an average performer in the Energy Equipment & Services industry, it outperforms 67% of 62 stocks in the same industry.
In the last month FET has a been trading in the 12.78 - 17.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FET has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 13.96, a Stop Loss order could be placed below this zone.
More info and screens
13.81
20.47
We found 1 important support area.
- A support zone ranging from 13.95 to 13.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @15.46 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.07 to 20.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.48
Mansfield-1
10 Day High15.74
10 Day Low13.69
20 Day High17.39
20 Day Low12.78
52 Week High21.57
52 Week Low12.78
Performance
1 Week0.87%
2 Weeks-2.59%
1 Month-15.73%
3 Month-16.94%
6 Month7.81%
12 Month-18.69%
2 Year-29.44%
3 Year-39.17%
5 Year159.48%
10 Year-96.37%
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)0.16
RSI(14)44.27
LBB13.92
UBB15.79
15.05
-0.09 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.59%
1 Week0.87%
2 Weeks-2.59%
1 Month-15.73%
3 Month-16.94%
6 Month7.81%
12 Month-18.69%
2 Year-29.44%
3 Year-39.17%
5 Year159.48%
10 Year-96.37%
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%8.47%
ATR Inc54.9%
Range Today2.05
ADR(20)1.22
ADR(20)%8.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.48
Mansfield-1
10 Day High15.74
10 Day Low13.69
20 Day High17.39
20 Day Low12.78
52 Week High21.57
52 Week Low12.78
CS1 End13.96
CR1 Start15.46
Volume & EV
DER(3)-2.07%
DER(5)-0.34%
Volume102.30K
Volume Incr-29.11%
Vol(5)61.54K
Vol(50)78.78K