NYSE:FTK - New York Stock Exchange, Inc. - US3433894090 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to FTK. Although FTK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, FTK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 6.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FTK in the last couple of days, which is a good sign.
6.11
We found 2 important support areas.
We found 1 important resistance area.
7.29
+0.5 (+7.36%)