Flotek Industries Inc (FTK) 1.07 -0.01 (-0.93%)
1.07 -0.01 (-0.93%)
US3433891021 - Common Stock
Technical Rating
Taking everything into account, FTK scores 0 out of 10 in our technical rating. FTK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
FTK is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so FTK is still doing slightly better than the market.
When comparing the yearly performance of all stocks, FTK is a bad performer in the overall market: 78% of all stocks are doing better.
FTK is part of the Chemicals industry. There are 123 other stocks in this industry, of which 78% are performing better than FTK.
In the last month FTK has a been trading in the 1.04 - 1.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Statistics
Support/Resistance Analysis
1.05
1.39
When analyzing the support we notice one important area.
- A support zone ranging from 1.06 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.28 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.33 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.36 to 1.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Setup Analysis
Setup Rating
The technical rating of FTK is bad and it also does not present a 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.
Flotek Industries Inc1.07
NYSE:FTK (6/24/2022, 7:04:00 PM)-0.01 (-0.93%)
| GICS Sector | Materials | ||
| GICS Industry | Chemicals | ||
| Today | -0.93% | 1 Week | -7.76% |
| 2 Weeks | -19.55% | 1 Month | -15.08% |
| 3 Month | -23.57% | 6 Month | 74.67% |
| ATR(14) | 0.08 | ATR(20)% | 7.78% |
| ATR Inc | -29.31% | Range Today | 0.05 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 22.49 | Mansfield | -0.24 |
| 10 Day High | 1.33 | 10 Day Low | 1.04 |
| 20 Day High | 1.45 | 20 Day Low | 1.04 |
| 52 Week High | 1.97 | 52 Week Low | 0.53 |
| CS1 End | 1.06 | CR1 Start | 1.28 |
| DER(3) | -1.39% | DER(5) | -6.38% |
| Volume | 284.40K | Volume Incr | 16.81% |
| Vol(5) | 416.80K | Vol(50) | 584.44K |
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