FUEL TECH INC (FTEK)

US3595231073 - Common Stock

1.21  -0.01 (-0.82%)

After market: 1.2012 -0.01 (-0.73%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to FTEK. In the last year, FTEK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still 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.
In the last month FTEK has a been trading in the 1.04 - 1.25 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, FTEK outperforms 51% of them, which is more or less in line with the market.
FTEK is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, FTEK did better than 45% of them.
FTEK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FTEK is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
FTEK Weekly chart
FTEK Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, FTEK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FTEK in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

1.03

1.22

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 1.13 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1.11 to 1.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 1.04 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.83
Mansfield-1.05
10 Day High1.25
10 Day Low1.06
20 Day High1.25
20 Day Low1.05
52 Week High1.83
52 Week Low0.96
Performance
1 Week7.08%
2 Weeks10.5%
1 Month11.01%
3 Month15.24%
6 Month2.54%
12 Month-5.47%
2 Year-16.55%
3 Year-61.46%
5 Year-27.54%
10 Year-75.8%
15 Year-88.43%
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)0.01
RSI(14)61.41
LBB1.05
UBB1.23
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.

ENTRYEXITDISTANCECAPITAL
1.261.120.14 (11.11%)9.00%
An entry @1.26. This is a Buy Stop order right above the 10 day high.An exit @1.12. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.14 points, which is 11.11%.For a 1.00% total portfolio risk, you can invest 9.00% of your capital in this trade.

  • 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.
FTEK Daily chart

FUEL TECH INC

NASDAQ:FTEK (3/28/2024, 8:11:50 PM)

After market: 1.2012 -0.01 (-0.73%)

1.21

-0.01 (-0.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.82%
1 Week7.08%
2 Weeks10.5%
1 Month11.01%
3 Month15.24%
6 Month2.54%
12 Month-5.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%4.81%
ATR Inc
Range Today0.04
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 High1.25
10 Day Low1.06
20 Day High1.25
20 Day Low1.05
52 Week High1.83
52 Week Low0.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume34.70K
Volume Incr-23.7%
Vol(5)84.60K
Vol(50)82.92K