Taking everything into account, FTEK scores 3 out of 10 in our technical rating. Although FTEK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
1.69
We found 1 important resistance area.
- A resistance zone ranging from 2.71 to 2.71. 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 | 80.01 | POSITIVE | FTEK has a high relative strength, it outperformed 80.01% 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) | 26.1 | OVERSOLD | The low RSI value suggests FTEK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FTEK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.48 | OVERSOLD | The low Stochastics value suggests FTEK may be oversold. |
| Average True Range in percent/ATR (20) | 12.19 | HIGH VOLATILITY | The high ATR as a percentage value for FTEK suggests high volalility. |
| Average Directional Index/ADX (14) | 38.13 | POSITIVE | The high ADX value value for FTEK suggests a strong trend. |
1.71
+0.11 (+6.87%)
FUEL TECH INC / FTEK FAQ
Can you provide the ChartMill technical rating for FUEL TECH INC?
ChartMill assigns a technical rating of 3 / 10 to FTEK.
What is the current trend direction of FUEL TECH INC (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 26.0965. This indicates that the stock is currently oversold.
Can you provide the MACD signal for FUEL TECH INC?
The MACD indicator for FUEL TECH INC (FTEK) has a value of -0.0318719, indicating a bearish trend.
What is the buy/sell signal for FTEK stock?
The buy/sell signal for FUEL TECH INC (FTEK) is sell as both the short term and long term trends are negative.