|
Downtrend Broken Resist.Archive - 5/2/2025 - Sign In to see current Signals. |
FMC Technologies Inc. (FTI) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a third consecutive positive week for the FMC Technologies Inc. (FTI). During the week, the FTI gained 1.34 points, or 4.73%, and closed at 29.67 on Friday, May 2, 2025. Weekly volume was 8% above average. FTI is a member of Energy Sector. Energy is the second most oversold 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 27.79 and resistance is at 37.13. 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 22.12 on April 9, 2025. FTI lost 11.33 points, or 33.87%, in 12 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 20.30 and resistance is at 32.69. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern 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. 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 April 9, 2025 at 22.12 and reached 29.78 on May 2, 2025. FTI gained -7.66 points, or -34.63%, in 23 days. Price is near the trend high.
Daily Technical Indicators: [See FTI daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and 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. The daily MACD line is above its signal line since April 23, 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.
| |
|
|