"Today, shares of Flotek Industries (NYSE:FTK) have fallen below their 10-day MA of $6.46 on a volume of 2 million shares. This may provide short-term investors a chance for a short position as such a crossover often suggests lower prices in the near term. Watch for Flotek Industries's close below this MA level for confirmation.
In the past 52 weeks, shares of Flotek Industries have traded between a low of $1.01 and a high of $7.42 and are now at $6.16, which is 510% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 5.07% while the 200-day MA has risen 3.32%."
