Flowserve $FLS Technical Update

The Flowserve (NYSE: FLS) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for FLS, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Weak Strong Neutral
P1 42.94 33.44 34.43
P2 44.18 40.30 45.66
P3 44.85 47.09 56.91

Long Term Trading Plans for FLS

February 12, 2019, 1:00 am ET

The Technical Summary and Trading Plans for FLS help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this FLS Report.

FLS - (Long) Support Plan

The technical summary data tells us to buy FLS near 34.43 with an upside target of 45.66. This data also tells us to set a stop loss @ 34.17 to protect against excessive loss in case the stock begins to move against the trade. 34.43 is the first level of support below 44.48 , and by rule, any test of support is a buy signal. In this case, support 34.43 would be being tested, so a buy signal would exist.

FLS - (Short) Resistance Plan

The technical summary data is suggesting a short of FLS as it gets near 45.66 with a downside target of 34.43. We should have a stop loss in place at 45.92 though. 45.66 is the first level of resistance above 44.48, and by rule, any test of resistance is a short signal. In this case, if resistance 45.66 is being tested, so a short signal would exist.

FLS Long Term Analysis

FLS EPS Analysis

FLS Dividend Chart

FLS Revenue chart

FLS Growth rate - Quarterly

FLS Growth rate - Yearly

FLS PE chart

FLS PEG chart