TECHNIPFMC PLC (FTI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FTI - GB00BDSFG982 - Common Stock
Taking everything into account, FTI scores 10 out of 10 in our technical rating. 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.
Although FTI has an excellent technical rating, it does not offer a high 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.
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34.60
7 important support areas can be observed.
- A support zone ranging from 45.82 to 46.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 44.31 to 44.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.51 from a horizontal line in the daily time frame.
- Support @42.73 from a horizontal line in the daily time frame.
- A support zone ranging from 41.06 to 41.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.09 from a trend line in the weekly time frame.
- 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 | 92.12 | POSITIVE | FTI has a high relative strength, it outperformed 92.12% 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) | 71.94 | OVERBOUGHT | The high RSI value suggests FTI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests FTI has a positive trend. |
| Stochastics (14,3) | 87.91 | OVERBOUGHT | The high Stochastics value suggests FTI may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for FTI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.05 | POSITIVE | The high ADX value value for FTI suggests a strong trend. |
49.44
+0.26 (+0.53%)
TECHNIPFMC PLC / FTI FAQ
Can you provide the ChartMill technical rating for TECHNIPFMC PLC?
ChartMill assigns a technical rating of 10 / 10 to FTI.
What is the current trend direction of TECHNIPFMC PLC (FTI) stock?
The current trend direction for TECHNIPFMC PLC (FTI) is Bullish.
Can you provide the RSI signal for TECHNIPFMC PLC?
TECHNIPFMC PLC (FTI) has an RSI value of 71.9396. This indicates that the stock is currently overbought.
What is the buy/sell signal for FTI stock?
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 46.63. Check the full technical report for our detailed analysis of FTI support and resistance levels.