FMC Tech's most recent trend suggests a bullish bias. One trading opportunity on FMC Tech is a Bull Put Spread using a strike $47.50 short put and a strike $42.50 long put offers a potential 8.7% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $47.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $42.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for FMC Tech is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for FMC Tech is bullish.
The RSI indicator is at 33.93 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FMC Tech
Can FMC Technologies (FTI) Surprise this Earnings Season?
Mon, 20 Oct 2014 12:50:02 GMT
FMC Technologies Awarded Subsea Systems Contract for Total's Edradour and Glenlivet Fields
Thu, 16 Oct 2014 12:48:16 GMT
noodls – HOUSTON, Oct. 16, 2014 /PRNewswire/ — FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Total to supply subsea systems for its Edradour and Glenlivet fields offshore …
FMC Technologies Awarded Subsea Systems Contract for Total's Edradour and Glenlivet Fields
Thu, 16 Oct 2014 12:00:00 GMT
PR Newswire – HOUSTON, Oct. 16, 2014 /PRNewswire/ — FMC Technologies, Inc. (FTI) announced today that it has received an order from Total to supply subsea systems for its Edradour and Glenlivet fields offshore in the West of Shetland area. FMC Technologies' scope of supply consists of subsea equipment including manifolds and associated connections and controls equipment, wellhead systems, subsea tie back connection equipment and a subsea production tree. “FMC Technologies is pleased to be supplying the subsea systems for the developments,” said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. FMC Technologies, Inc. (FTI) is a leading global provider of technology solutions for the energy industry.
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
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