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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Forum Energy Technologies, Inc. (NYSE:FET)
Crossroads (-60) - FET is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FET?
MarketClub looks at technical strength and momentum to determine if the timing is right for FET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FET
The long-term trend has been DOWN since Oct 2nd, 2023 at 22.87
The intermediate-term trend has been UP since Mar 28th, 2024 at 20.10
The short-term trend has been UP since Apr 22nd, 2024 at 19.60
Smart Scan Analysis for FET
Based on our trend formula, FET is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.500 | 19.915 | 19.330 | 19.500 | +0.050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.450 | 15305 | 2024-04-23 15:59:57 |
| Year High | 17.95 | Year High Date | 2018-01-23 |
| Year Low | 6.86 | Year Low Date | 2018-11-28 |
| 52wk High | 28.73 | 52wk High Date | 2023-08-04 |
| 52wk Low | 17.65 | 52wk Low Date | 2024-02-14 |
| Year End Close | 24.75 | Average Volume | 29,179 |
| Shares Outstanding | 12,284 | Short Interest | 3,095,535 |
| % Institutional | 91.6 | Market Cap | 210M |
| Assets | 821,061,000M | Liabilities | 408,428,000M |
| P/E Ratio | 28.5682 | Volatility | 64.49 |