TECHNIPFMC PLC (FTI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FTI - GB00BDSFG982 - Common Stock
We assign a technical rating of 9 out of 10 to FTI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although FTI has an excellent technical rating, it does not present a decent entry opportunity 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.
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34.60
4 important support areas can be observed.
- A support zone ranging from 43.51 to 43.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.83 to 39.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.27 to 38.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.95 to 35.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.33 to 46.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for FTI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTI is neutral. |
| ChartMill Relative Strength | 89.13 | POSITIVE | FTI has a high relative strength, it outperformed 89.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.14 | NEUTRAL | The RSI value for FTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests FTI has a negative trend. |
| Stochastics (14,3) | 8.97 | OVERSOLD | The low Stochastics value suggests FTI may be oversold. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for FTI suggests some volalility. |
| Average Directional Index/ADX (14) | 39.54 | POSITIVE | The high ADX value value for FTI suggests a strong trend. |
43.52
-0.86 (-1.94%)
TECHNIPFMC PLC / FTI FAQ
Can you provide the ChartMill technical rating for TECHNIPFMC PLC?
ChartMill assigns a technical rating of 9 / 10 to FTI.
Can you provide the trend direction for TECHNIPFMC PLC?
The current trend direction for TECHNIPFMC PLC (FTI) is Bullish.
What is the RSI signal for FTI stock?
TECHNIPFMC PLC (FTI) has an RSI value of 44.136. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for TECHNIPFMC PLC?
TECHNIPFMC PLC (FTI) has a support level at 43.51 and a resistance level at 46.33. Check the full technical report for our detailed analysis of FTI support and resistance levels.