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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.
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MarketClub’s Trade Triangles for FET
The long-term trend has been UP since Jul 12th, 2023 at 26.92
The intermediate-term trend has been DOWN since Sep 26th, 2023 at 23.60
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).
| 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 High | 17.95 | Year High Date | 2018-01-23 |
| Year Low | 6.86 | Year Low Date | 2018-11-28 |
| 52wk High | 33.84 | 52wk High Date | 2023-02-10 |
| 52wk Low | 20.3 | 52wk Low Date | 2023-05-04 |
| Year End Close | 24.75 | Average Volume | 34,855 |
| Shares Outstanding | 10,148 | Short Interest | 3,095,535 |
| % Institutional | 91.6 | Market Cap | 210M |
| Assets | 843,710,000M | Liabilities | 424,434,000M |
| P/E Ratio | 28.5682 | Volatility | 64.49 |