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Is FET preparing to trend lower? MACD Bearish Signal Line Cross shows up after dropping 3.92%

Forum Energy Technologies, Inc. (FET) — Nightly Technical Analysis · Jul 2, 2026, 17:45 ET
On Thursday, July 2nd, FET moved down 3.92% while volume shrunk to 0.1× the usual levels. MACD Bearish Signal Line Cross — typically a warning sign for traders — developed during the session. Key support levels exist at 46.29, 45.59 & 44.37, with resistance at 48.22, 49.44 & 50.14.

Current SwingTradeBot Technical Rating of FET: D

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Forum Energy Technologies, Inc. (FET)