TECHNIPFMC PLC (FTI) Stock Technical Analysis
USA - NYSE:FTI - GB00BDSFG982 - Common Stock
40.37 USD
+0.44 (+1.1%)
40.37 USD
0 (0%)
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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FTI is one of the better performing stocks in the market, outperforming 88% 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 61 other stocks in this industry. FTI outperforms 88% of them.
FTI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FTI has a been trading in the 36.16 - 41.30 range, which is quite wide. It is currently trading near the high of this range.
FTI has an average volume of 5632130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, FTI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 38.37, a Stop Loss order could be placed below this zone.
More info and screens
27.14
41.31
We found 3 important support areas.
- A support zone ranging from 38.25 to 38.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.75 to 35.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.41 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.38 to 40.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 88.77 | POSITIVE | FTI has a high relative strength, it outperformed 88.77% 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) | 64.39 | NEUTRAL | The RSI value for FTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.38 | NEUTRAL | The Stochastics value for FTI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for FTI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.47 | POSITIVE | The high ADX value value for FTI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 40.91 | 38.05 | 2.86 (7.00%) | 14.28% |
| An entry @40.91. This is a Buy Stop order right above the resistance zone. | An exit @38.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.86 points, which is 7.00%. | For a 1.00% total portfolio risk, you can invest 14.28% 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.
40.37
+0.44 (+1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.1%
1 Week2.44%
2 Weeks1.3%
1 Month8.93%
3 Month16.88%
6 Month29.47%
12 Month57.94%
2 Year98.48%
3 Year377.19%
5 Year539.78%
10 Year30.23%
15 Year18.23%
Volatility
ATR(14)1.05
ATR(20)%2.69%
ATR Inc-6.58%
Range Today0.77
ADR(20)1.01
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.77
Mansfield1.64
10 Day High40.93
10 Day Low38.06
20 Day High41.3
20 Day Low36.16
52 Week High41.3
52 Week Low22.12
CS1 End38.37
CR1 Start40.38
Volume & EV
DER(3)-1.74%
DER(5)-0.08%
Volume3.82M
Volume Incr-44.68%
Vol(5)4.57M
Vol(50)5.63M