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New 52 Week Closing High appears for FET after 5.61% move

SwingTradeBot Nightly Stock Scan: Forum Energy Technologies, Inc. (FET) — Technical Patterns & Alerts · Aug 4, 2026, 20:10 ET
On Tuesday, August 4th, FET moved up 5.61% while volume surged to 2.5× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, Stochastic Reached Overbought, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 70.35, 66.41 & 64.21, with resistance at 76.5, 78.7 & 82.64. Meanwhile, Slow Stochastic is showing overbought conditions.

Current SwingTradeBot Technical Rating of FET: A

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Forum Energy Technologies, Inc. (FET)