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 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
When comparing the yearly performance of all stocks, we notice that FTK is one of the better performing stocks in the market, outperforming 96% of all stocks.
FTK is one of the better performing stocks in the Chemicals industry, it outperforms 98% of 85 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FTK is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month FTK has a been trading in the 6.05 - 8.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.11
10.03
We found 2 important support areas.
- A support zone ranging from 6.41 to 6.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.17 to 6.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @9.93 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.23
Mansfield2.14
10 Day High7.41
10 Day Low6.29
20 Day High8.77
20 Day Low6.05
52 Week High10.35
52 Week Low3.26
Performance
1 Week7.21%
2 Weeks2.24%
1 Month-14.54%
3 Month-16.59%
6 Month44.64%
12 Month110.09%
2 Year84.65%
3 Year-7.95%
5 Year35.39%
10 Year-91.5%
15 Year-40.15%
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)49.34
LBB6.16
UBB7.21
7.29
+0.5 (+7.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg7.36%
1 Week7.21%
2 Weeks2.24%
1 Month-14.54%
3 Month-16.59%
6 Month44.64%
12 Month110.09%
2 Year84.65%
3 Year-7.95%
5 Year35.39%
10 Year-91.5%
15 Year-40.15%
Volatility
ATR(14)0.56
ATR(20)%7.48%
ATR Inc-13.08%
Range Today0.48
ADR(20)0.48
ADR(20)%6.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.23
Mansfield2.14
10 Day High7.41
10 Day Low6.29
20 Day High8.77
20 Day Low6.05
52 Week High10.35
52 Week Low3.26
CS1 End6.43
CR1 Start9.93
Volume & EV
DER(3)6.8%
DER(5)2.74%
Volume182.70K
Volume Incr-33.71%
Vol(5)125.42K
Vol(50)213.93K