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Next Support Level for Technipfmc Plc (FTI) is $29.77

By James Quinn

Shares of Technipfmc Plc (NYSE:FTI) have bearishly opened below the pivot of $30.60 today and have reached the first support level of $30.07. Investors may be interested in a cross of the next downside pivot targets of $29.77 and $28.94.

Technipfmc Plc share prices have moved between a 52-week high of $35.00 and the current low of $0.00 and are currently at $0.00 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

Technipfmc Plc has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $35.64. Technipfmc Plc shares should first meet resistance at the 50-day moving average (MA) of $30.30 and find additional resistance at the 200-day MA of $31.20.

SmarTrend is monitoring the recent change of momentum in Technipfmc Plc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Technipfmc Plc in search of a potential trend change.

Keywords: pivot alerts technipfmc plc

Ticker(s): FTI