TECHNIPFMC PLC (FTI) Stock Technical Analysis
USA - NYSE:FTI - GB00BDSFG982 - Common Stock
Overall FTI gets a technical rating of 10 out of 10. 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.
Besides having an excellent technical rating, FTI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
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27.83
4 important support areas can be observed.
- A support zone ranging from 42.62 to 43.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.56 to 37.86. 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.
- Support @28.11 from a trend line in the weekly 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 | 90.69 | POSITIVE | FTI has a high relative strength, it outperformed 90.69% 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) | 66.31 | NEUTRAL | The RSI value for FTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests FTI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.76 | NEUTRAL | The Stochastics value for FTI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for FTI suggests some volalility. |
| Average Directional Index/ADX (14) | 46.08 | 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 |
|---|---|---|---|
| 44.34 | 42.61 | 1.73 (3.90%) | 25.00% |
| An entry @44.34. This is a Buy Stop order right above the 10 day high. | An exit @42.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.73 points, which is 3.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- The distance between exit and entry is rather small compared to the average daily movement of FTI. Please evaluate whether better entry and exit points can be found.
- 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.
43.16
+0.25 (+0.58%)
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 66.3066. 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 43.15. Check the full technical report for our detailed analysis of FTI support and resistance levels.