Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Forum Energy Technologies, Inc.

FET Technical Analysis Summary (NYSE)

Analyze FET on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FET●NYSE
EnergyOil & Gas Equipment & Services
$80.47
$2.52(3.04%)
U.S. Market opens in 6h 14m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FET Technical Analysis Summary (NYSE)

Forum Energy Technologies, Inc. (NYSE: FET) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.89)
Trend Strength:Weak (ADX: 17.88)
Volatility:Medium (ATR: 3.34)
Support/Resistance:$79.59 – $83.80 (Bollinger Bands)

Technical conditions suggest Forum Energy Technologies, Inc. on the NYSE is awaiting a decisive move. This mix signals that Forum Energy Technologies, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 51.89

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 54.79

Neutral
Mid-range signal with no clear trend.

Williams %R: -67.24

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.47

Neutral
Price change is minimal.

Takeaway:Forum Energy Technologies, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.66

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.88

Weak
Weak trend, market trading sideways.

ATR (14): 3.34

Medium
Medium volatility, healthy price movement.

CCI (14): -32.31

Bearish
Bearish, momentum remains under pressure.

Takeaway:Forum Energy Technologies, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$83.80
Middle Band (SMA 20)
$81.69
Lower Band
$79.59
Current Position
Within Bands

Takeaway:Forum Energy Technologies, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$87.81
Middle Line (EMA 20)
$81.13
Lower Channel
$74.45
Squeeze Status
Squeeze On

Takeaway:Forum Energy Technologies, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.20M
Money Flow Index43.22Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.03Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:FET shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Forum Energy Technologies, Inc. (NYSE: FET), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Forum Energy Technologies, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: FET) Technical Analysis FAQ