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Is FET likely to continue higher? 50 Day Moving Average Support shows up after gaining 0.76%

Forum Energy Technologies, Inc. (FET) — Daily Technical Analysis & Swing Trading Signals · Jul 20, 2026, 20:09 ET
On Monday, July 20th, FET moved up 0.76% while volume was to 1.0× the usual levels. Multiple bullish signals emerged — 50 DMA Support and MACD Bullish Centerline Cross — suggesting potential strength ahead. Key support levels exist at 51.92, 51.0 & 49.96, with resistance at 53.88, 54.92 & 55.84. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of FET: A

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Forum Energy Technologies, Inc. (FET)