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Archive
- 5/2/2025 -
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Flowserve Corp. (FLS) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Flowserve Corp. (FLS). During the week, the FLS gained 2.66 points, or 5.93%, and closed at 47.48 on Friday, May 2, 2025. Weekly volume was 110% above average.
 Long-term trend: [See FLS long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 23.89 and reached 65.08 on January 22, 2025. FLS gained -41.19 points, or -172.42%, in 118 weeks. The price is now at the 42.73% retracement level.
 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 chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (46.28). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See FLS weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 link to access Lane's Stochastic help.
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 relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 21, 2025 at 39.85 and reached 47.81 on May 2, 2025. FLS gained -7.96 points, or -19.97%, in 11 days. Price is near the trend high.
 Daily Technical Indicators: [See FLS daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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