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. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FTI is one of the better performing stocks in the market, outperforming 95% of all 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 78% of 62 stocks in the same industry.
- 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 67.22 - 75.52 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- FTI has an average volume of 4115900 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
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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 72.34, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
FTI Support and Resistance Analysis
46.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 70.44 to 72.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.52 from a horizontal line in the daily time frame.
- Support @58.54 from a trend line in the daily time frame.
- Support @47.38 from a trend line in the weekly 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 | 95.56 | POSITIVE | FTI has a high relative strength, it outperformed 95.56% 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) | 57.77 | NEUTRAL | The RSI value for FTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests FTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.34 | NEUTRAL | The Stochastics value for FTI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for FTI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for FTI suggests a possible start of a new trend. |
FTI Chart- and CandleStick Pattern Analysis
FTI Example Setup
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 |
|---|---|---|---|
| 75.53 | 70.43 | 5.10 (6.75%) | 14.81% |
| An entry @75.53. This is a Buy Stop order right above the 10 day high. | An exit @70.43. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.10 points, which is 6.75%. | When investing 14.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
FTI Technicals: Chart, Performance Metrics, Trend & Indicators
72.44
+0.21 (+0.29%)
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.
What is the RSI signal for TECHNIPFMC PLC (FTI) stock?
TECHNIPFMC PLC (FTI) has an RSI value of 57.773. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TECHNIPFMC PLC?
The short term momentum for TECHNIPFMC PLC (FTI) is positive.
What is the buy/sell signal for TECHNIPFMC PLC (FTI) stock?
The buy/sell signal for TECHNIPFMC PLC (FTI) is buy as both the short term and long term trends are positive.