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Frank's International NV Stock Forecast NYSE:FI

$14.65 (0.96%)

Volume: 282k

Closed: Nov 26, 2021

Hollow Logo Score: -5.389

Frank's International NV Stock Forecast

$14.65 (0.96%)

Volume: 282k

Closed: Nov 26, 2021

Score Hollow Logo -5.389
Key Stats
Beta 2.14
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 33 and the stock is currently not being overbought or oversold

Green day on Friday for Frank's International NV stock after gaining 0.96%
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-23 Loss -1.08%

The Frank's International NV stock price gained 0.96% on the last trading day (Friday, 26th Nov 2021), rising from $14.51 to $14.65. During the day the stock fluctuated 7.26% from a day low at $13.77 to a day high of $14.77. The price has fallen in 6 of the last 10 days and is down by -21.45% for this period. Volume fell on the last day by -218 thousand shares and in total, 282 thousand shares were bought and sold for approximately $4.13 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $14.50 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -3.23% during the next 3 months and, with a 90% probability hold a price between $14.03 and $19.76 at the end of this 3-month period.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, November 24, 2021, and so far it has risen 0.96%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Frank's International NV stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $16.06 and $17.64. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss

Frank's International NV finds support from accumulated volume at $14.51 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.00 between high and low, or 7.26%. For the last week, the stock has had a daily average volatility of 8.75%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Frank's International NV stock A Buy?

Frank's International NV holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -5.389

Predicted Opening Price for Frank's International NV of Monday, November 29, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price November 29, 2021 Current price
$14.40 $14.65 (Overvalued)
Strong Sell Candidate Unchanged

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Analyst Ratings

Barclays does not see either upside or downside right now giving FI "Underweight - Equal Weight" on their last update on Mar 22, 2021. The price target was changed from $3.50 to $4.50.

Volatility and Risk
Daily Average Volatility: 8.75 %
Overall Risk: Very High High Medium Low Very Low
Volatility
8.75 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $16.67
Price: $14.65
Support: $14.51

FI Insider Trading Show all Trades

INSIDER POWER

1.473

Last 100 transactions
Buy: 4 552 533 | Sell: 3 090 812 (Shares)
Date Action Amount Person Type
Oct 04, 2021 Sell 3 337 Bentham Michael Common Stock, nominal value Euro0.06
Oct 04, 2021 Sell 8 252 Mcalister John Lewis Common Stock, nominal value Euro0.06
Oct 04, 2021 Sell 8 224 Jardon Michael Common Stock, nominal value Euro0.06
Oct 04, 2021 Sell 11 052 Geddes Alistair Common Stock, nominal value Euro0.06
Oct 04, 2021 Sell 1 679 Fanning Quinn P Common Stock, nominal value Euro0.06
Show all Insider Trades
INSIDER POWER

1.473

Last 100 transactions
Buy: 4 552 533 | Sell: 3 090 812 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 15.40 5.10 %
15.01 2.49 %
14.78 0.88 %
Current price: 14.65
Support 14.01 -4.34 %
13.78 -5.95 %
13.40 -8.56 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 18.05 23.21 %
17.42 18.91 %
16.67 13.79 %
Current price 14.65
Support 14.51 -0.96%
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About Frank's International NV

Frank Frank’s International N.V. provides various engineered tubular services for the oil and gas exploration and production companies in the United States and internationally. The company operates through three operating segments: International Services, U.S. Services, and Tubular Sales. Its tubular services include the handling and installation of multiple joints of pipe to establish a cased wellbore; and the installation of smaller diameter pipe in... Read more

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