TECHNIPFMC PLC (FTI) Stock Technical Analysis
NYSE:FTI - New York Stock Exchange, Inc. - GB00BDSFG982 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to FTI. 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!
Looking at the yearly performance, FTI did better than 91% of all other stocks. We also observe that the gains produced by FTI over the past year are nicely spread over this period.
FTI is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 95% of 63 stocks in the same industry.
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 28.87 - 34.81 range, which is quite wide. It is currently trading near the high of this range.
FTI has an average volume of 4526480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FTI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
23.23
35.03
We found 4 important support areas.
- A support zone ranging from 32.42 to 32.44. 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 29.14 to 29.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.92 from a trend line in the weekly time frame.
- Support @23.46 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 | 91.3 | POSITIVE | FTI has a high relative strength, it outperformed 91.3% 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) | 76.26 | OVERBOUGHT | The high RSI value suggests FTI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests FTI has a positive trend. |
| Stochastics (14,3) | 97.35 | OVERBOUGHT | The high Stochastics value suggests FTI may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for FTI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.61 | 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)
34.68
+0.41 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.2%
1 Week9.13%
2 Weeks11.26%
1 Month10.17%
3 Month27.31%
6 Month11.87%
12 Month43.01%
2 Year108.66%
3 Year415.31%
5 Year407.02%
10 Year-16.41%
15 Year31.71%
Volatility
ATR(14)0.86
ATR(20)%2.42%
ATR Inc83.93%
Range Today1.4
ADR(20)0.82
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.3
Mansfield1.56
10 Day High34.81
10 Day Low30.78
20 Day High34.81
20 Day Low28.87
52 Week High34.81
52 Week Low22.12
CS1 End32.44
CR1 StartN/A
Volume & EV
DER(3)2.8%
DER(5)2.25%
Volume3.60M
Volume Incr-0.12%
Vol(5)3.63M
Vol(50)4.53M