Technical Analysis for FTK - Flotek Industries, Inc.

Grade Last Price % Change Price Change
B 7.88 0.32% 0.03
FTK closed down 4.73 percent on Wednesday, November 20, 2024, on 2.26 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.32%
Slingshot Bullish Bullish Swing Setup 0.32%
Wide Range Bar Range Expansion 0.32%
New 52 Week High Strength 0.32%
Outside Day Range Expansion 0.32%
Wide Bands Range Expansion 0.32%
Gapped Up Strength 0.32%
Overbought Stochastic Strength 0.32%
New 52 Week Closing High Bullish -4.43%
Pocket Pivot Bullish Swing Setup -4.43%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 2 hours ago
10 DMA Support about 2 hours ago
Fell Below Previous Day's Low about 2 hours ago
1.5x Volume Pace about 3 hours ago
Down 3% about 3 hours ago

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Profile

Flotek Industries, Inc. Description

Flotek Industries, Inc. engages in the research, development, design, and supply of drilling and production related products and services in the United States and internationally. The company operates through three segments: Chemicals and Logistics, Drilling Products, and Artificial Lift. The Chemicals and Logistics segment designs, develops, manufactures, packages, and markets specialty chemicals for use in oil and natural gas well cementing, stimulation, acidizing, drilling, and production activities. This segment also manages automated material handling, loading facilities, and blending services for oilfield services companies. The Drilling Products segment manufactures, rents, inspects, and markets downhole drilling equipment for use in energy, mining, water well, and industrial drilling activities. This segment rents tools, such as stabilizers, drill collars, reamers, wipers, jars, shock subs, wireless survey, measurement while drilling tools, and mud-motors; and sells equipment, including mining equipment, centralizers, and drill bits. The Artificial Lift assembles and markets artificial lift equipment consisting of Petrovalve product line of rod pump components, electric submersible pumps, gas separators, and valves, as well as provides services that support natural gas, oil and coal bed methane production activities. The company serves integrated oil and gas exploration and production companies, onshore and offshore drilling contractors, and state-owned oil companies, as well as oilfield service providers, pressure pumping service companies. Flotek Industries, Inc. is headquartered in Houston, Texas.


Classification

Sector: Energy
Industry: Oil & Gas Equipment & Services
Keywords: Natural Gas Mining Petroleum Industry Acid Oil Wells Gas Exploration Oil And Gas Exploration Field Services Offshore Drilling Integrated Oil Precision Drilling Methane Geotechnical Engineering Well Drilling Oilfield Services Drill Bit Mining Equipment National Oilwell Varco Offshore Drilling Contractor Submersible Pump Artificial Lift Equipment Gas Separators Markets Specialty Chemicals Measurement While Drilling

Is FTK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 8.65
52 Week Low 2.642
Average Volume 147,087
200-Day Moving Average 4.31
50-Day Moving Average 5.52
20-Day Moving Average 6.38
10-Day Moving Average 7.52
Average True Range 0.49
RSI (14) 71.75
ADX 53.4
+DI 33.67
-DI 9.28
Chandelier Exit (Long, 3 ATRs) 7.19
Chandelier Exit (Short, 3 ATRs) 6.16
Upper Bollinger Bands 8.89
Lower Bollinger Band 3.87
Percent B (%b) 0.79
BandWidth 78.61
MACD Line 0.80
MACD Signal Line 0.65
MACD Histogram 0.1558
Fundamentals Value
Market Cap 232.85 Million
Num Shares 29.7 Million
EPS -2.93
Price-to-Earnings (P/E) Ratio -2.68
Price-to-Sales 0.46
Price-to-Book 0.89
PEG Ratio 4.78
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.50
Resistance 3 (R3) 9.58 9.12 9.23
Resistance 2 (R2) 9.12 8.70 9.08 9.13
Resistance 1 (R1) 8.48 8.44 8.25 8.40 9.04
Pivot Point 8.02 8.02 7.90 7.98 8.02
Support 1 (S1) 7.38 7.60 7.15 7.30 6.66
Support 2 (S2) 6.92 7.34 6.88 6.57
Support 3 (S3) 6.28 6.92 6.48
Support 4 (S4) 6.20