TECHNIPFMC PLC (FTI)

GB00BDSFG982 - Common Stock

20.85  +0.43 (+2.11%)

After market: 20.85 0 (0%)

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 98% of all other stocks. We also observe that the gains produced by FTI over the past year are nicely spread over this period.
FTI is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 84% of 66 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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
FTI has an average volume of 6726840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

More info and screens

Statistics
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.61
Mansfield4.02
10 Day High21.67
10 Day Low20.09
20 Day High21.67
20 Day Low17.93
52 Week High21.67
52 Week Low8.03
Performance
1 Week-0.05%
2 Weeks-0.86%
1 Month15.64%
3 Month41.16%
6 Month66.67%
12 Month149.7%
Weekly and Daily overview Charts
FTI Weekly chart
FTI Daily chart
Setup Rating and Analysis

7

FTI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

More info and screens

Support and Resistance Analysis

14.25

21.62

2 important support areas can be observed.

  • A support zone ranging from 18.00 to 18.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.39 from a trend line in the daily time frame.

We found 1 important resistance area.

  • Resistance @21.41 from a horizontal line in the daily time frame.

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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
21.4220.081.34 (6.26%)15.99%
An entry @21.42. This is a Buy Stop order right above the resistance zone.An exit @20.08. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.34 points, which is 6.26%.When investing 15.99% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.

More info and screens

FTI Daily chart

TECHNIPFMC PLC

NYSE:FTI (9/22/2023, 7:04:00 PM)

After market: 20.85 0 (0%)

20.85

+0.43 (+2.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.11%
1 Week-0.05%
2 Weeks-0.86%
1 Month15.64%
3 Month41.16%
6 Month66.67%
12 Month149.7%
Volatility
ATR(14)0.66
ATR(20)%2.94%
ATR Inc-6.82%
Range Today0.35
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.61
Mansfield4.02
10 Day High21.67
10 Day Low20.09
20 Day High21.67
20 Day Low17.93
52 Week High21.67
52 Week Low8.03
CS1 End18.12
CR1 Start21.41
Volume & EV
DER(3)-1.8%
DER(5)-0.87%
Volume4.79M
Volume Incr27.47%
Vol(5)8.06M
Vol(50)6.73M