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FET Stock Tickeron detected bullish Stock Pattern: Triangle Symmetrical Bottom FET on June 05, 2025, netting in a 26.84% gain over 1 week

A.I.dvisor
at Tickeron.com
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+26.84% Gain from a Successful pattern Triangle Symmetrical Bottom
FET - Forum Energy Technologies
Tickeron
Ticker: FET
Company: Forum Energy Technologies
Gain: +26.84%
Confirmed: 06/05/25
Succeeded: 06/12/25
Total length: 8 days
On June 04, 2025, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bullish) for Forum Energy Technologies (FET, $14.98). On June 05, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $19.18. 7 days later, on June 12, 2025, FET reached the target price resulting in a +2 for traders who took a long position in the stock.

Momentum Indicator for FET turns positive, indicating new upward trend

FET saw its Momentum Indicator move above the 0 level on June 05, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 90 similar instances where the indicator turned positive. In of the 90 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

FET moved above its 50-day moving average on June 05, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FET crossed bullishly above the 50-day moving average on June 10, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FET advanced for three days, in of 286 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 167 cases where FET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for FET moved out of overbought territory on June 25, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator moved out of overbought territory. In of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 54 cases where FET's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The 50-day moving average for FET moved below the 200-day moving average on May 27, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FET declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FET broke above its upper Bollinger Band on June 05, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FET’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.582) is normal, around the industry mean (2.417). P/E Ratio (13.263) is within average values for comparable stocks, (42.382). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.692). Dividend Yield (0.000) settles around the average of (0.040) among similar stocks. P/S Ratio (0.270) is also within normal values, averaging (1.450).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 60, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

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General Information

a manufacturer of oilfield equipment

Industry OilfieldServicesEquipment

Profile
Fundamentals
Details
Industry
Oilfield Services Or Equipment
Address
10344 Sam Houston Park Drive
Phone
+1 713 351-7900
Employees
1600
Web
https://www.f-e-t.com