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Archive
- 6/6/2025 -
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Flowserve Corp. (FLS) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Flowserve Corp. (FLS). During the week, the FLS dropped -1.04 points, or -2.08%, and closed at 48.87 on Friday, June 6, 2025. Weekly volume was 250% above average.
FLS is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See FLS long-term trend chart]
A long-term uptrend had started on March 23, 2020 at 18.98 and reached 65.08 on January 22, 2025. FLS gained -46.10 points, or -242.89%, in 252 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 28.93 and resistance is at 67.22. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See FLS medium-term trend chart]
A medium-term downtrend had started on January 22, 2025 at 65.08 and reached 37.34 on April 7, 2025. FLS lost 27.74 points, or 42.62%, in 10 weeks. The price is now at the 41.56% retracement level.
 Weekly Technical Indicators: [See FLS weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since February 14, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See FLS short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 37.34 and reached 52.50 on May 14, 2025. FLS gained -15.16 points, or -40.60%, in 37 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (49.74) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See FLS daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 28, 2025.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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