FMC Tech's most recent trend suggests a bearish bias. One trading opportunity on FMC Tech is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 12.36% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for FMC Tech is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for FMC Tech is bearish.
The RSI indicator is at 23.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FMC Tech
FMC Technologies Awarded Frame Agreement to Supply Subsea Production Systems by Wintershall Norge AS
Thu, 09 Oct 2014 12:00:00 GMT
PR Newswire – HOUSTON, Oct. 9, 2014 /PRNewswire/ — FMC Technologies, Inc. (FTI) announced today that it has signed a long term frame agreement with Wintershall Norge AS to supply subsea production systems for its developments offshore Norway. The first call-off under the frame agreement, covering subsea equipment for Wintershall's Maria field, has been awarded. The frame agreement expands FMC Technologies' already established relationship providing surface and shallow water equipment to Wintershall to include support for its subsea developments. “FMC Technologies is pleased to announce this expanded relationship with Wintershall to provide subsea production systems and to supply the equipment for its Maria field,” said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies.
FMC Technologies Wins Subsea Contract from Wintershall
Wed, 08 Oct 2014 13:20:02 GMT
Will FMC Technologies (FTI) Stock Be Hurt By This Ratings Downgrade?
Tue, 16 Sep 2014 12:43:00 GMT
FMC Tech downgraded by FBR Capital
Tue, 16 Sep 2014 09:38:33 GMT
FMC Technologies to Present at the 2014 Johnson Rice Energy Conference
Fri, 12 Sep 2014 12:00:00 GMT
PR Newswire – HOUSTON, Sept. 12, 2014 /PRNewswire/ — FMC Technologies, Inc. (NYSE: FTI) announced today that Maryann Seaman, Executive Vice President and Chief Financial Officer, will address attendees at the following …
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