TECHNIPFMC PLC (FTI) Technical Analysis
NYSE:FTI • GB00BDSFG982
Current stock price
FTI Technical Rating and Analysis
Overall FTI gets a technical rating of 10 out of 10. 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.
- 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 96% 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 77% of them.
- FTI is currently making a new 52 week high. This is a strong signal. 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.
- In the last month FTI has a been trading in the 60.56 - 72.59 range, which is quite wide. It is currently trading near the high of this range.
- FTI has an average volume of 4223580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FTI Weekly and Daily overview Charts
FTI Setup Rating and Analysis
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
FTI Support and Resistance Analysis
34.98
5 important support areas can be observed.
- A support zone ranging from 66.04 to 67.01. 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 61.17 to 63.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.53 from a trend line in the daily time frame.
- Support @46.14 from a trend line in the weekly time frame.
- Support @35.33 from a horizontal line in the daily time frame.
FTI Technical Indicator Signal Analysis
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 | 96.67 | POSITIVE | FTI has a high relative strength, it outperformed 96.67% 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) | 56.67 | NEUTRAL | The RSI value for FTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests FTI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.68 | OVERBOUGHT | The high Stochastics value suggests FTI may be overbought. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for FTI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.29 | POSITIVE | The high ADX value value for FTI suggests a strong trend. |
FTI Chart- and CandleStick Pattern Analysis
FTI Technicals: Chart, Performance Metrics, Trend & Indicators
67.59
-3.6 (-5.06%)
TECHNIPFMC PLC / FTI TA 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 56.6724. This indicates that the stock is currently neutral.
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 67.01. Check the full technical report for our detailed analysis of FTI support and resistance levels.