Flotek Stock Technical Analysis

FTK
 Stock
  

USD 0.93  0.08  7.92%   

As of the 5th of July, Flotek Industries shows the mean deviation of 3.74, and Coefficient Of Variation of (1,406). Flotek Industries technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Flotek Industries, which can be compared to its rivals. Please confirm Flotek Industries coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Flotek Industries is priced favorably, providing market reflects its regular price of 0.93 per share. Given that Flotek Industries is a hitting penny stock territory we advise to closely look at its total risk alpha.
  
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Flotek Industries Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Flotek, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Flotek
Flotek Industries' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Flotek Industries Analyst Consensus

Target PriceAdvice# of Analysts
2.5Strong Buy1Odds
Flotek Industries current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Flotek analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Flotek stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Flotek Industries, talking to its executives and customers, or listening to Flotek conference calls.
Flotek Analyst Advice Details
Flotek Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Flotek Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Flotek Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Flotek Industries Technical Analysis

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The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Flotek Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Flotek Industries Trend Analysis

Use this graph to draw trend lines for Flotek Industries. You can use it to identify possible trend reversals for Flotek Industries as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Flotek Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Flotek Industries Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Flotek Industries applied against its price change over selected period. The best fit line has a slop of   -0.004  , which may imply that the returns on investment in Flotek Industries will continue to fail. It has 122 observation points and a regression sum of squares at 0.62, which is the sum of squared deviations for the predicted Flotek Industries price change compared to its average price change.

About Flotek Industries Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Flotek Industries on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Flotek Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Flotek Industries stock first instead of the macroeconomic environment surrounding Flotek Industries. By analyzing Flotek Industries's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Flotek Industries's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Flotek Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 (projected)
Long Term Debt to Equity0.170.22
Interest Coverage45.3348.91

Flotek Industries July 5, 2022 Technical Indicators

Most technical analysis of Flotek help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Flotek from various momentum indicators to cycle indicators. When you analyze Flotek charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Flotek Industries July 5, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Flotek stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Investing Opportunities. Note that the Flotek Industries information on this page should be used as a complementary analysis to other Flotek Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Flotek Stock analysis

When running Flotek Industries price analysis, check to measure Flotek Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flotek Industries is operating at the current time. Most of Flotek Industries' value examination focuses on studying past and present price action to predict the probability of Flotek Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Flotek Industries' price. Additionally, you may evaluate how the addition of Flotek Industries to your portfolios can decrease your overall portfolio volatility.
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Is Flotek Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flotek Industries. If investors know Flotek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flotek Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
77.4 M
Quarterly Revenue Growth YOY
0.094
Return On Assets
-0.18
Return On Equity
-1.25
The market value of Flotek Industries is measured differently than its book value, which is the value of Flotek that is recorded on the company's balance sheet. Investors also form their own opinion of Flotek Industries' value that differs from its market value or its book value, called intrinsic value, which is Flotek Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flotek Industries' market value can be influenced by many factors that don't directly affect Flotek Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flotek Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Flotek Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flotek Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.