TECHNIPFMC PLC (FTI) Stock Technical Analysis
NYSE:FTI - New York Stock Exchange, Inc. - GB00BDSFG982 - Common Stock - Currency: USD
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 term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, FTI did better than 82% of all other stocks. On top of that, FTI also shows a nice and consistent pattern of rising prices.
FTI is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 86% of 61 stocks in the same industry.
FTI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTI is lagging the market slightly.
In the last month FTI has a been trading in the 31.88 - 38.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FTI has an average volume of 4131710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
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. There is a support zone below the current price at 34.94, a Stop Loss order could be placed below this zone.
More info and screens
26.55
35.34
5 important support areas can be observed.
- A support zone ranging from 34.64 to 34.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.47 to 33.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.73 from a horizontal line in the weekly time frame.
- Support @32.18 from a horizontal line in the daily time frame.
- Support @26.82 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 | NEUTRAL | NEUTRAL | The short term trend for FTI is neutral. |
| ChartMill Relative Strength | 82.25 | POSITIVE | FTI has a high relative strength, it outperformed 82.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FTI is below 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) | 49.71 | NEUTRAL | The RSI value for FTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests FTI has a negative trend. |
| Stochastics (14,3) | 19.93 | OVERSOLD | The low Stochastics value suggests FTI may be oversold. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for FTI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.99 | NEGATIVE | The low ADX value for FTI suggests a weak or negative 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 |
|---|---|---|---|
| 35.26 | 34.63 | 0.63 (1.79%) | 25.00% |
| An entry @35.26. This is a Buy Stop order right above the 10 day moving average. | An exit @34.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.63 points, which is 1.79%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%. |
- 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.
34.99
-0.61 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.71%
1 Week0.11%
2 Weeks-0.93%
1 Month6.87%
3 Month11.79%
6 Month15.25%
12 Month29.64%
2 Year83.77%
3 Year327.75%
5 Year354.42%
10 Year0.6%
15 Year13.14%
Volatility
ATR(14)0.9
ATR(20)%3.25%
ATR Inc-3.61%
Range Today0.81
ADR(20)1.05
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.25
Mansfield0.69
10 Day High36.6
10 Day Low34.57
20 Day High38.05
20 Day Low31.88
52 Week High38.05
52 Week Low22.12
CS1 End34.94
CR1 StartN/A
Volume & EV
DER(3)-0.85%
DER(5)0.01%
Volume2.98M
Volume Incr-47.17%
Vol(5)2.42M
Vol(50)4.13M