Decline depth
-22.4%
From rolling 252-day high of $65.43, 31d ago.
Past the 20% Watch threshold.
Red List
FETForum Energy Technologies, Inc.
-22.4%
from rolling 252-day high of $65.43 set 2026-04-27 · 31d ago
Current
$50.78
Decline depth
-22.4%
Decline σ
8.2σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$FET landed on the list 2026-05-28, down 22.4% from its 52-week high that day — now down -22.4%.
It has clawed back 3.3 percentage points off that level. It bottomed 23.2% below that high along the way.
Decline from the 52-week high as it stood on 2026-05-28 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
FET qualifies for the Red List on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
8.2σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (2.94% per day).
Past the ≥8σ Red List threshold — an extreme move.
The structural read
What price action says about FET.
FET qualifies for the Red List on decline depth — down -22.4% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown.
Cross-confirmation: decline sigma also reads 8.2σ over 20 bars.
52-week range
52W low $48.86
11.6% of range
52W high $65.43
Related — same sector
Closest decliners to FET
Questions about FET
What people ask.
Why is FET on Broken Stocks?
FET qualifies for the Red List on decline depth. It is down -22.4% from its rolling 252-day high of $65.43, set on 2026-04-27 — 31d ago.
Is FET a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. FET is down -22.4% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is FET a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is FET trading inside its 52-week range?
At $50.78, FET sits 11.6% of the way from its 52-week low ($48.86) to its 52-week high ($65.43). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has FET been declining?
The current 22.4% decline accrued over 31d, which annualizes to roughly -263.7% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.