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Archive - 3/21/2025 - Sign In to see current Signals. |
FMC Technologies Inc. (FTI) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was a second consecutive positive week for the FMC Technologies Inc. (FTI). During the week, the FTI gained 2.12 points, or 7.78%, and closed at 29.36 on Friday, March 21, 2025. It was the best weekly gain since January 3, 2025. Weekly volume was 46% above average. FTI is a member of Energy Sector. Energy 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 FTI long-term trend chart] A long-term uptrend had started on July 14, 2022 at 5.48 and reached 33.45 on January 10, 2025. FTI gained -27.97 points, or -510.40%, in 130 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 26.94 and resistance is at 36.01. 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 FTI medium-term trend chart] A medium-term downtrend had started on January 10, 2025 at 33.45 and reached 24.62 on March 10, 2025. FTI lost 8.83 points, or 26.40%, in 8 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (29.85). 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 FTI 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 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 FTI short-term trend chart] A short-term uptrend had started on March 10, 2025 at 24.62 and reached 29.52 on March 21, 2025. FTI gained -4.90 points, or -19.90%, in 11 days. Price is near the trend high.
Daily Technical Indicators: [See FTI daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. 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. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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