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TechnipFMC plc (FTI) rating initates by Piper Sandler

TechnipFMC plc’s recent filing unveils that its Director de Carvalho Filho Eleazar unloaded Company’s shares for reported $0.28 million on Mar 24 ’25. In the deal valued at $29.76 per share,9,381 shares were sold. As a result of this transaction, de Carvalho Filho Eleazar now holds 100,951 shares worth roughly $3.01 million.

Then, de Carvalho Filho Eleazar bought 9,381 shares, generating $279,221 in total proceeds.

Before that, Landes Jonathan sold 141,427 shares. TechnipFMC plc shares valued at $3,630,433 were divested by the President, Subsea at a price of $25.67 per share. As a result of the transaction, Landes Jonathan now holds 91,481 shares, worth roughly $2.73 million.

Piper Sandler initiated its TechnipFMC plc [FTI] rating to an Overweight in a research note published on December 19, 2024; the price target was $39. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Jefferies also remained covering FTI and has increased its forecast on December 06, 2024 with a “Buy” recommendation from previously “Hold” rating. RBC Capital Mkts started covering the stock on November 18, 2024. It rated FTI as “an Outperform”.

Price Performance Review of FTI

On Friday, TechnipFMC plc [NYSE:FTI] saw its stock jump 0.54% to $29.86. Over the last five days, the stock has gained 0.64%. TechnipFMC plc shares have risen nearly 3.18% since the year began. Nevertheless, the stocks have risen 11.75% over the past one year. While a 52-week high of $33.45 was reached on 01/10/25, a 52-week low of $22.11 was recorded on 04/09/25. SMA at 50 days reached $27.80, while 200 days put it at $28.24.

Levels Of Support And Resistance For FTI Stock

The 24-hour chart illustrates a support level at 29.54, which if violated will result in even more drops to 29.23. On the upside, there is a resistance level at 30.26. A further resistance level may holdings at 30.67. The Relative Strength Index (RSI) on the 14-day chart is 60.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.17, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.42%. Stochastics %K at 90.82% indicates the stock is a selling.

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