Learn to Evaluate (FTI) using the Charts
November 09, 2024, 19:48 pm ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for FTI
- Buy FTI near 28.17 target 30.83 stop loss @ 28.09 Details
The technical summary data tells us to buy FTI near 28.17 with an upside target of 30.83. This data also tells us to set a stop loss @ 28.09 to protect against excessive loss in case the stock begins to move against the trade. 28.17 is the first level of support below 28.77 , and by rule, any test of support is a buy signal. In this case, support 28.17 is being tested, a buy signal would exist.
- Short FTI slightly under 30.83, target 28.17, stop loss @ 30.92 Details
The technical summary data is suggesting a short of FTI as it gets near 30.83 with a downside target of 28.17. We should have a stop loss in place at 30.92though. 30.83 is the first level of resistance above 28.77, and by rule, any test of resistance is a short signal. In this case, if resistance 30.83 is being tested, a short signal would exist.
Swing Trading Plans for FTI
- Buy FTI slightly over 30.83, target n/a, Stop Loss @ 30.74 Details
If 30.83 begins to break higher, the technical summary data tells us to buy FTI just slightly over 30.83, with an upside target of n/a. The data also tells us to set a stop loss @ 30.74 in case the stock turns against the trade. 30.83 is the first level of resistance above 28.77, and by rule, any break above resistance is a buy signal. In this case, 30.83, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short FTI slightly near 30.83, target 28.36, Stop Loss @ 30.92. Details
The technical summary data is suggesting a short of FTI if it tests 30.83 with a downside target of 28.36. We should have a stop loss in place at 30.92 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 30.83, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for FTI
- Buy FTI slightly over 28.95, target 30.83, Stop Loss @ 28.88 Details
If 28.95 begins to break higher, the technical summary data tells us to buy FTI just slightly over 28.95, with an upside target of 30.83. The data also tells us to set a stop loss @ 28.88 in case the stock turns against the trade. 28.95 is the first level of resistance above 28.77, and by rule, any break above resistance is a buy signal. In this case, 28.95, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short FTI slightly near 28.95, target 28.36, Stop Loss @ 29.02. Details
The technical summary data is suggesting a short of FTI if it tests 28.95 with a downside target of 28.36. We should have a stop loss in place at 29.02 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 28.95, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Technipfmc Plc (FTI) available here: FTI.
FTI Ratings for November 09:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Strong |
Strong |
P1 |
0 |
0 |
25.57 |
P2 |
28.04 |
27.27 |
28.17 |
P3 |
28.95 |
28.36 |
30.83 |
AI Generated Signals for FTI
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Technipfmc Plc (NYSE: FTI) report below can help you understand how to do this. The trading plans for FTI, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for FTI: