FMC Technologies (FTI) Bullish Technical Alert - Trend Up 42.7%

FMC Technologies (NYSE:FTI) is trading 2.1% higher (up $1.15 to $55.65) today on volume of 368,191 shares. The stock is trading near its 52-week high of $59.48. We are watching for a close above that level.

FMC Technologies is currently above its 50-day moving average of $52.83 and above its 200-day moving average of $39.58.

SmarTrend is bullish on shares of FTI and our subscribers received an Uptrend alert on July 17, 2009 at $39.01, which has returned 42.7% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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