Is Forum Energy Technologies, Inc. stock a buy or sell right now?

Based on current indicators, Forum Energy Technologies, Inc. shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Forum Energy Technologies, Inc.’s RSI?

RSI is 83.73, indicating overbought levels and potential for a pullback.

What does MACD indicate for FET?

MACD at 3.85 signals bullish momentum with buyers in control.

What are Forum Energy Technologies, Inc.’s key support and resistance levels?

Support sits around $40.34, while resistance is near $56.78. A breakout above $56.78 would open the door for further upside.

Forum Energy Technologies, Inc.

FET•NYSE

Energy

Oil & Gas Equipment & Services

$58.60

$0.74(1.28%)

U.S. Market opens in 15h 29m

Forum Energy Technologies, Inc. (FET) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Forum Energy Technologies, Inc. (NYSE:FET).

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

Forum Energy Technologies, Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Bullish to Bearish Risk (RSI: 83.73)

Trend Strength:Very Strong (ADX: 63.70)

Volatility:Medium (ATR: 2.62)

Support/Resistance:$40.34 – $56.78 (Bollinger Bands)

Technical conditions suggest Forum Energy Technologies, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 83.73

Bearish

Overbought, selling pressure may emerge.

Stochastic %K: 88.79

Bearish

Overbought levels may trigger pullback.

Williams %R: -22.48

Bullish

Buying pressure building steadily.

Rate of Change (ROC): 28.28

Strongly Bullish

Strong upside momentum.

Takeaway:Forum Energy Technologies, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 3.85

Bullish

Bullish, trend momentum is strengthening.

ADX: 63.70

Very Strong

Very strong trend, powerful directional momentum.

ATR (14): 2.62

Medium

Medium volatility, healthy price movement.

CCI (14): 217.10

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Forum Energy Technologies, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$56.78

Middle Band (SMA 20)

$48.56

Lower Band

$40.34

Current Position

Above Upper Band

Takeaway:Forum Energy Technologies, Inc. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels

Upper Channel

$54.56

Middle Line (EMA 20)

$49.31

Lower Channel

$44.06

Squeeze Status

No Squeeze

Takeaway:Forum Energy Technologies, Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis

On-Balance Volume5.05M

Money Flow Index88.55Bearish risk, overbought conditions may trigger pullback.

Relative Vigor Index87.69Bullish, price momentum strongly favors buyers.

Overall Takeaway:FET shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary

Based on the current technical analysis of Forum Energy Technologies, Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Forum Energy Technologies, Inc. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.