Fluor Corp. (FLR) provides engineering, procurement, and construction services. The firm reported their latest quarterly figures Friday morning and the stock is getting bid up in early trading. Let's check out the charts and indicators.
In the daily bar chart of FLR, below, I can see that the shares have been moving up from a low made in May. Prices are trading above the rising 50-day moving average line and if Friday's early strength persists we should see FLR back above the 200-day line.
The trading volume has been more active since March. The On-Balance-Volume (OBV) line shows strength from June. The Moving Average Convergence Divergence (MACD) oscillator is above the zero line in positive territory.