| TechnipFMC is a provider in oil and gas projects, technologies, systems and services. Co. operates two business segments: Subsea, manufactures and designs products and systems, performs engineering, procurement and project management and provides services used by oil and gas companies involved in offshore exploration and production of crude oil and natural gas; and Surface Technologies, which designs, manufactures and supplies technologically advanced wellhead systems and high pressure valves and pumps used in stimulation activities for oilfield service companies and provides installation, flowback and other services for exploration and production companies. |
When researching a stock like TechnipFMC, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from FTI Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for FTI stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the FTI 200 day moving average ("FTI 200 DMA"), while one of the most popular "shorter look-backs" is the FTI 50 day moving average ("FTI 50 DMA"). A chart showing both of these popular moving averages is shown on this page for TechnipFMC. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the FTI 200 DMA and the FTI 50 DMA, we get a moving average convergence divergence indicator ("FTI MACD"). The FTI MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).