FLOTEK INDUSTRIES INC (FTK) Stock Technical Analysis
NYSE:FTK - New York Stock Exchange, Inc. - US3433894090 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to FTK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FTK 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 FTK is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by FTK over the past year are nicely spread over this period.
FTK is one of the better performing stocks in the Chemicals industry, it outperforms 100% of 85 stocks in the same industry.
FTK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FTK is performing more or less in line with the market.
In the last month FTK has a been trading in the 7.01 - 15.96 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
FTK has an excellent technical rating, but the quality of the setup is only medium 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
14.35
14.82
When analyzing the support we notice one important area.
- A support zone ranging from 14.49 to 14.66. 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 FTK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTK is up. |
| ChartMill Relative Strength | 98.92 | POSITIVE | FTK has a high relative strength, it outperformed 98.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.27 | OVERBOUGHT | The high RSI value suggests FTK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests FTK has a negative trend. |
| Stochastics (14,3) | 74.49 | NEUTRAL | The Stochastics value for FTK is a neutral value. |
| Average True Range in percent/ATR (20) | 7.06 | HIGH VOLATILITY | The high ATR as a percentage value for FTK suggests high volalility. |
| Average Directional Index/ADX (14) | 49.57 | POSITIVE | The high ADX value value for FTK 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)
14.67
-0.32 (-2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.13%
1 Week-3.04%
2 Weeks-4.43%
1 Month104.03%
3 Month83.15%
6 Month72.59%
12 Month244.37%
2 Year294.29%
3 Year86.64%
5 Year149.49%
10 Year-78.72%
15 Year69.79%
Volatility
ATR(14)0.99
ATR(20)%7.06%
ATR Inc-26.62%
Range Today0.59
ADR(20)0.99
ADR(20)%6.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.92
Mansfield10.04
10 Day High15.96
10 Day Low13.99
20 Day High15.96
20 Day Low7.01
52 Week High15.96
52 Week Low3.79
CS1 End14.66
CR1 StartN/A
Volume & EV
DER(3)-2.07%
DER(5)-1.62%
Volume343.30K
Volume Incr-7.17%
Vol(5)462.04K
Vol(50)333.52K