FTK Stock Flotek Industries (FTK, $3.85) price may drop as it broke higher Bollinger Band on May 17, 2024

A.I.dvisor
at Tickeron.com
05/18/24
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FTK - Flotek Industries
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $3.85
Daily change: +$0.23 (+6.35%)
Daily volume: 31.7K
Capitalization: $114.2M
Industry: Oilfield Services/Equipment
This price move could be a signal that FTK may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 34 similar cases where FTK's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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FTKDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of oilfield products and downhole technologies

Industry OilfieldServicesEquipment

Profile
Fundamentals
Details
Industry
Oilfield Services Or Equipment
Address
5775 North Sam Houston Parkway West
Phone
+1 713 849-9911
Employees
146
Web
https://www.flotekind.com