TECHNIPFMC PLC (FTI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FTI - GB00BDSFG982 - Common Stock
Overall FTI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, FTI has proven to be a steady performer, scoring decent points in every aspect analyzed.
FTI has an excellent technical rating, but the quality of the setup is only medium 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
When analyzing the support we can see 4 important areas.
- Support @42.72 from a horizontal line in the daily time frame.
- A support zone ranging from 38.97 to 39.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 37.73 to 37.82. 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.
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 | UP | POSITIVE | The short term trend for FTI is up. |
| ChartMill Relative Strength | 90.17 | POSITIVE | FTI has a high relative strength, it outperformed 90.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTI is above the rising 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) | 67.32 | NEUTRAL | The RSI value for FTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FTI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.19 | OVERBOUGHT | The high Stochastics value suggests FTI may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for FTI suggests some volalility. |
| Average Directional Index/ADX (14) | 52.89 | POSITIVE | The high ADX value value for FTI suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.34 | 43.14 | 4.20 (8.87%) | 11.27% |
| An entry @47.34. This is a Buy Stop order right above the 10 day high. | An exit @43.14. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.20 points, which is 8.87%. | For a 1.00% total portfolio risk, you can invest 11.27% 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.
46.02
-0.49 (-1.05%)
TECHNIPFMC PLC / FTI FAQ
Can you provide the ChartMill technical rating for TECHNIPFMC PLC?
ChartMill assigns a technical rating of 10 / 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 67.3225. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TECHNIPFMC PLC?
The buy/sell signal for TECHNIPFMC PLC (FTI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for FTI stock?
TECHNIPFMC PLC (FTI) has a support level at 42.72. Check the full technical report for our detailed analysis of FTI support and resistance levels.