![]() Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the Forum Energy Technologies stock price. Conversely, a drop below an important moving average is usually interpreted as a negative forecast for the FET market. If the Forum Energy Technologies stock price moves above any of these averages, it is generally seen as a bullish sign for Forum Energy Technologies stock. The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.ĥ0-day, 100-day and 200-day moving averages are among the most commonly used indicators in the stock market to identify important resistance and support levels. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). For example, a 12-day simple moving average for FET is a sum of FET’s closing prices over the last 12 days which is then divided by 12. As the name suggests, a moving average provides the average closing price for FET stock over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Forum Energy Technologies stock prediction tools. Forum Energy Technologies Stock Forecast Indicators When trying to make a Forum Energy Technologies stock forecast, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. These tools can roughly be divided into indicators and chart patterns. Dateįorum Energy Technologies stock traders use a variety of tools to make a prediction on which way the FET market is likely to head next. ![]() In comparison with Bitcoin, Forum Energy Technologies stock performed -29.65% worse in the last year and -5.02% worse than Ethereum. The 1-year performance of FET/USD is -5.73%. In the last month, the FET/USD pair is down -1.02%. To get a better idea of what could happen to the FET stock price in the future, it’s helpful to also explore Forum Energy Technologies’s price history. Forum Energy Technologies Stock Forecast Based on Technical Analysis If this Forum Energy Technologies stock prediction for 2030 materializes, FET stock willgrow -46.41% from its current price. In 2030, the Forum Energy Technologies stock will reach $ 13.05 if it maintains its current 10-year average growth rate. Forum Energy Technologies Stock Prediction 2030 This would represent a -16.33% increase in the FET stock price. The Forum Energy Technologies stock prediction for 2025 is currently $ 20.38, assuming that Forum Energy Technologies shares will continue growing at the average yearly rate as they did in the last 10 years. Yearįorum Energy Technologies Stock Prediction 2025 Using the same basis, here is the Forum Energy Technologies stock prediction for each year up until 2030. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.īased on the average yearly growth of the Forum Energy Technologies stock in the last 10 years, the Forum Energy Technologies stock forecast for the beginning of next year is $ 22.28. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Forum Energy Technologies stock forecast, it's now a good time to buy FET stock because it's trading 6.86% below our forecast.ĭisclaimer: This is not investment advice. FET stock recorded 13/30 (43%) green days with 5.28% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear). According to our current FET stock forecast, the value of Forum Energy Technologies shares will rise by 7.36% and reach $ 26.15 per share by September 14, 2023.
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