TECHNIPFMC PLC (FTI) Stock Technical Analysis
NYSE:FTI • GB00BDSFG982
We assign a technical rating of 10 out of 10 to FTI. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FTI is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by FTI over the past year are nicely spread over this period.
- FTI is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry. FTI outperforms 86% of them.
- A new 52 week high is currently being made by FTI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month FTI has a been trading in the 54.20 - 67.55 range, which is quite wide. It is currently trading near the high of this range.
- FTI has an average volume of 3714870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
34.98
We found 4 important support areas.
- Support @51.82 from a trend line in the daily time frame.
- Support @44.07 from a trend line in the weekly time frame.
- A support zone ranging from 40.87 to 41.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.33 from a horizontal line 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 | 95.46 | POSITIVE | FTI has a high relative strength, it outperformed 95.46% 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) | 79.02 | OVERBOUGHT | The high RSI value suggests FTI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests FTI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.53 | OVERBOUGHT | The high Stochastics value suggests FTI may be overbought. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for FTI suggests some volalility. |
| Average Directional Index/ADX (14) | 46.37 | POSITIVE | The high ADX value value for FTI suggests a strong trend. |
66.31
-0.98 (-1.46%)
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 79.0199. 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 51.82. Check the full technical report for our detailed analysis of FTI support and resistance levels.