TECHNIPFMC PLC (FTI)

GB00BDSFG982 - Common Stock

26.56  +0.84 (+3.27%)

Technical Rating and Analysis

10

Taking everything into account, FTI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FTI is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, FTI did better than 95% of all other stocks. On top of that, FTI also shows a nice and consistent pattern of rising prices.
FTI is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 90% of 65 stocks in the same industry.
FTI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FTI is leading the market.
FTI has an average volume of 4857270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FTI has a been trading in the 24.79 - 27.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
FTI Weekly chart
FTI Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, FTI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.66, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.56

27.22

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 25.11 to 25.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.41 from a horizontal line in the daily time frame.
  • Support @20.79 from a trend line in the weekly time frame.
  • A support zone ranging from 18.75 to 19.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 26.93 to 26.95. 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
CRS95.3
Mansfield1.89
10 Day High26.85
10 Day Low24.82
20 Day High27.26
20 Day Low24.79
52 Week High27.26
52 Week Low12.64
Performance
1 Week1.5%
2 Weeks-4.56%
1 Month1.42%
3 Month25.04%
6 Month19.07%
12 Month87.87%
2 Year271.68%
3 Year247.57%
5 Year4.6%
10 Year-54.64%
15 Year50.28%
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)-0.22
RSI(14)56.55
LBB24.67
UBB27.1
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
26.9625.101.86 (6.90%)14.49%
An entry @26.96. This is a Buy Stop order right above the resistance zone.An exit @25.10. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.86 points, which is 6.90%.For a 1.00% total portfolio risk, you can invest 14.49% 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.
FTI Daily chart

TECHNIPFMC PLC

NYSE:FTI (4/25/2024, 2:59:47 PM)

26.56

+0.84 (+3.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg3.27%
1 Week1.5%
2 Weeks-4.56%
1 Month1.42%
3 Month25.04%
6 Month19.07%
12 Month87.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.73
ATR(20)%2.85%
ATR Inc
Range Today1.11
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 High26.85
10 Day Low24.82
20 Day High27.26
20 Day Low24.79
52 Week High27.26
52 Week Low12.64
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.51M
Volume Incr-13.14%
Vol(5)3.64M
Vol(50)4.86M