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FPS

weekly
Daily Weekly Monthly
UPTREND
Support
$42.0
Resistance
$50.0
FPS Forgent Power Solutions, Inc. weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — uptrend as of May 22, 2026
FPS Weekly chart 2026-05-22 20:37:58 UTC
AI-generated analysis — not financial advice. For educational purposes only.

FPS Weekly Technical Analysis Summary

As of May 22, 2026, FPS (Forgent Power Solutions, Inc.) is in a uptrend state on the weekly chart, with a confidence level of 74%. Key support is at $42.0 and key resistance at $50.0. Strong weekly impulse rally to ~$47.90 with successive HH/HL; RSI-14 ~80 (overbought) and upper-wick volatility near the highs suggests near-term pullback risk while trend remains up.

Price Scenarios & Targets

bullish

Bullish continuation after a shallow digestion: price consolidates above ~$42 (prior breakout zone) then pushes to a new high; Elliott wave read = late Wave 3 or early Wave 5 extension, so upside is plausible but more two-sided candles expected.

Price Target
$55.0
Path to target
First move
$50.0
Pullback
$44.0
Final target
$55.0

bearish

Mean-reversion pullback from overbought conditions: a deeper retrace toward the prior base/impulse origin, then attempt to re-accumulate; Elliott wave alt = Wave 4 pullback before a final push.

Price Target
$34.0
Path to target
First move
$40.0
Pullback
$42.0
Final target
$34.0

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Weekly close above $50.00

✗ Invalidation

Weekly close below $42.00

Position Entry & Exit Levels

⊕ Add

Start $42.0 – $44.0
Add $39.0 – $41.0
Heavy $33.0 – $36.0

Buy-the-dip zones mapped to prior breakout/swing structure: ~$42-$44 = first HL retest, ~$39-$41 = deeper support under breakout, ~$33-$36 = prior consolidation/impulse base area (higher reward if reached).

⊖ Derisk

Trim 1 $50.0 – $55.0
Trim 2 $55.0 – $62.0
Close $62.0 – $70.0

RSI/impulse suggests late-trend stretch: trim into round-number resistance ($50+) and potential fib extensions; progressively reduce as price moves further from the last breakout base (higher reversal risk).

Frequently Asked Questions

What is the weekly technical outlook for FPS today?

As of May 22, 2026, FPS (Forgent Power Solutions, Inc.) is in a uptrend state on the weekly chart with 74% confidence. Strong weekly impulse rally to ~$47.90 with successive HH/HL; RSI-14 ~80 (overbought) and upper-wick volatility near the highs suggests near-term pullback risk while trend remains up.

What are the weekly support and resistance levels for FPS?

On the weekly timeframe, FPS has key support at $42.0 and key resistance at $50.0. The most likely scenario (bullish) targets $50.0 and $55.0, with a revert level at $44.0.

Is FPS in an uptrend or downtrend?

FPS (Forgent Power Solutions, Inc.) is currently classified as uptrend on the weekly chart, with 74% confidence. Confirmation requires: Weekly close above $50.00 This would be invalidated by: Weekly close below $42.00

What are the price targets for FPS?

The most likely scenario (bullish) targets $50.0 and $55.0, with a revert level at $44.0. The alternative scenario (bearish) targets $40.0 and $34.0.

Other Timeframes for FPS
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