FORUM ENERGY TECHNOLOGIES IN (FET)
US34984V2097 - Common Stock
We assign a technical rating of 2 out of 10 to FET. Recently some decent action could be observed, but in the medium term time frame this is still negative. FET was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
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 part of the Energy Equipment & Services industry. There are 65 other stocks in this industry, of which 75% are performing better than FET.
FET is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FET is lagging the market.
In the last month FET has a been trading in the 18.78 - 20.54 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 and the volatility has been reduced.
More info and screens
17.58
24.24
We found 3 important support areas.
- Support @18.76 from a trend line in the daily time frame.
- A support zone ranging from 18.20 to 18.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 17.76 to 17.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 19.40 to 20.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.01 from a trend line in the daily time frame.
- Resistance @24.00 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.15
Mansfield-2.19
10 Day High20.13
10 Day Low18.78
20 Day High20.54
20 Day Low18.78
52 Week High28.73
52 Week Low17.65
Performance
1 Week2%
2 Weeks-1.47%
1 Month2.76%
3 Month-8.75%
6 Month-11.26%
12 Month-12.5%
2 Year-8.23%
3 Year6.66%
5 Year-83.79%
10 Year-96.75%
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)-0.03
RSI(14)49.62
LBB19.02
UBB20
FORUM ENERGY TECHNOLOGIES IN
NYSE:FET (4/25/2024, 6:49:49 PM)
After market: 19.39 0 (0%)19.39
-0.06 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.31%
1 Week2%
2 Weeks-1.47%
1 Month2.76%
3 Month-8.75%
6 Month-11.26%
12 Month-12.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%3.38%
ATR Inc
Range Today0.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.13
10 Day Low18.78
20 Day High20.54
20 Day Low18.78
52 Week High28.73
52 Week Low17.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume22.28K
Volume Incr7.59%
Vol(5)29.58K
Vol(50)33.29K