


Technical Sentiment Analysis for Forum Energy Technologies Inc (FET) As of 2026-05-08, Forum Energy Technologies Inc (FET) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 6 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FET stands at 37.107, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.542, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 16.449 and the Commodity Channel Index (CCI) at -141.362 further confirm a -8.22 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, FET is trading above its 60-day moving average of $58.146 and above its 200-day long-term moving average of $39.226. Key price levels to watch include the immediate resistance at $65.821 and strong support at $53.014. A break above $65.821 could signal a bull continuation, while falling below $53.014 may test the next Fibonacci floor at $46.413.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 40.206 | 46.413 | 53.014 | 59.22 | 65.821 | 72.028 | 78.628 |
| Fibonacci | 46.413 | 51.305 | 54.328 | 59.22 | 64.113 | 67.135 | 72.028 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 37.107 |
| STOCHk_14_3_3 | 16.449 |
| STOCHd_14_3_3 | 30.512 |
| CCI_20 | -141.362 |
| AO_5_34 | -2.385 |
| MOM_10 | -8.22 |
| MACD_12_26_9 | -0.542 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 56.594 | Sell |
| MA_10 | 59.614 | Sell |
| MA_20 | 59.315 | Sell |
| MA_60 | 58.146 | Sell |
| MA_200 | 39.226 | Buy |
| MA_250 | 34.959 | Buy |