Taking everything into account, FTEK scores 0 out of 10 in our technical rating. FTEK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 72% of all other stocks performed better in the past year than FTEK.
- FTEK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month FTEK has a been trading in the 1.28 - 1.75 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- FTEK is part of the Commercial Services & Supplies industry. There are 80 other stocks in this industry, FTEK did better than 46% of them.
The technical rating of FTEK is bad and it also does not present a 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
1.35
We found 1 important resistance area.
- A resistance zone ranging from 1.54 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for FTEK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTEK is down. |
| ChartMill Relative Strength | 28.76 | NEGATIVE | FTEK has a low relative strength, it was outperformed by 71.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTEK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTEK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FTEK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.01 | NEUTRAL | The RSI value for FTEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FTEK has a negative trend. |
| Stochastics (14,3) | 17.41 | OVERSOLD | The low Stochastics value suggests FTEK may be oversold. |
| Average True Range in percent/ATR (20) | 7.9 | HIGH VOLATILITY | The high ATR as a percentage value for FTEK suggests high volalility. |
| Average Directional Index/ADX (14) | 29.98 | POSITIVE | The high ADX value value for FTEK suggests a strong trend. |
1.36
-0.03 (-2.16%)
FUEL TECH INC / FTEK FAQ
Can you provide the ChartMill technical rating for FUEL TECH INC?
ChartMill assigns a technical rating of 0 / 10 to FTEK.
What is the trend direction for FTEK stock?
The current trend direction for FUEL TECH INC (FTEK) is Bearish.
What is the RSI signal for FTEK stock?
FUEL TECH INC (FTEK) has an RSI value of 35.0096. This indicates that the stock is currently neutral.
What is the short term momentum for FUEL TECH INC (FTEK) stock?
The short term momentum for FUEL TECH INC (FTEK) is negative.
What is the buy/sell signal for FUEL TECH INC (FTEK) stock?
The buy/sell signal for FUEL TECH INC (FTEK) is sell as both the short term and long term trends are negative.