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Stock Trend Analysis Report

Prepared for you on Saturday, September 30, 2023.

Forum Energy Technologies, Inc. (NYSE:FET)

Sidelines Mode (-55) - FET is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

Open High Low FET Price Change
25.23 25.23 23.90 23.98 -1.01
Entry Signal

MarketClub’s Trade Triangles for FET

long term up The long-term trend has been UP since Jul 12th, 2023 at 26.92

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2023 at 23.60

short term up The short-term trend has been UP since Sep 27th, 2023 at 24.65

Smart Scan Analysis for FET

Based on our trend formula, FET is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for FET
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.23 25.23 23.90 23.98 -1.01
Prev. Close Volume Bid Ask Time
24.02 13714 2023-09-29 15:59:51
Year High17.95Year High Date2018-01-23
Year Low6.86Year Low Date2018-11-28
52wk High33.8452wk High Date2023-02-10
52wk Low20.352wk Low Date2023-05-04
Year End Close24.75Average Volume34,855
Shares Outstanding10,148Short Interest3,095,535
% Institutional91.6Market Cap210M
P/E Ratio28.5682Volatility64.49
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