SPX FLOW Inc (FLOW): Price Now Near $77.02; Daily Chart Shows An Uptrend on 100 Day Basis

The Hourly View for FLOW

At the moment, FLOW (Get Ratings)’s price is up $0.17 (0.22%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as FLOW has now gone up 4 of the past 5 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Out of Machinery stocks, FLOW ranks 50th in regards to today’s price percentage change.

FLOW’s Technical Outlook on the Daily Chart

At the moment, FLOW’s price is down $-0.23 (-0.3%) from the day prior. This is a reversal of the price action on the previous day, in which price moved up. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows FLOW’s price action over the past 90 days.

FLOW

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FLOW: Daily RSI Analysis

  • FLOW’s RSI now stands at 39.5062.
  • FLOW and RSI both have consistent trends, as they are both heading down.

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