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Industrial Machinery Industry Stocks Technical Analysis - FLSArchive - 6/20/2025 - Sign In to see current Signals. |
Flowserve Corp. (FLS) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was the negative week for the Flowserve Corp. (FLS). During the week, the FLS gave back -0.46 points, or -0.99%, and closed at 46.00 on Friday, June 20, 2025. Weekly volume was 84% above average. FLS is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See FLS long-term trend chart] A long-term uptrend had started on March 23, 2020 at 18.98 and reached 65.08 on January 22, 2025. FLS gained -46.10 points, or -242.89%, in 252 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 29.00 and resistance is at 67.42. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See FLS medium-term trend chart] A medium-term downtrend had started on January 22, 2025 at 65.08 and reached 37.34 on April 7, 2025. FLS lost 27.74 points, or 42.62%, in 10 weeks. The price is now at the 31.22% retracement level.
Weekly Technical Indicators: [See FLS weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 14, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See FLS short-term trend chart] A short-term uptrend had started on April 7, 2025 at 37.34 and reached 52.50 on May 14, 2025. FLS gained -15.16 points, or -40.60%, in 37 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (52.38) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FLS may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See FLS daily technical indicators chart] Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since May 28, 2025.
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