Stock Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
Forum Energy Technologies, Inc (NYSE:FET)
Long-Term Uptrend (+90) - FET is in a strong uptrend that is likely to continue. While FET is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for FET
The long-term trend has been UP since Nov 10th, 2020 at 0.6599
The intermediate-term trend has been UP since Jan 5th, 2021 at 13.3900
The short-term trend has been UP since Feb 24th, 2021 at 19.4999
Smart Scan Analysis for FET
Based on our trend formula, FET is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||17.95||Year High Date||2018-01-23|
|Year Low||6.86||Year Low Date||2018-11-28|
|52wk High||21.44||52wk High Date||2021-02-26|
|52wk Low||3.002||52wk Low Date||2020-03-23|
|Year End Close||24.75||Average Volume||68,782|
|Shares Outstanding||5,567||Short Interest||3,095,535|
|% Institutional||91.6||Market Cap||210M|