Taking everything into account, FTEK scores 8 out of 10 in our technical rating. In the last year, FTEK was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
FTEK is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 90% of 83 stocks in the same industry.
A new 52 week high is currently being made by FTEK, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so FTEK is leading the market.
In the last month FTEK has a been trading in the 0.93 - 1.65 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that FTEK is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.