Franklin Electric Co., Inc. (FELE)

Franklin Electric Co., Inc. is trading at $102.40, down 1.56% on the session. The 50 day average sits at $104.90 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 48.5, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $103.35 with resistance near $108.25, so that band frames the current range. Average daily movement is roughly $2.71, or about 2.6% of the share price, which is what any stop placement has to allow for. The overall health score of 52 out of 100 combines a trend score of 52, momentum of 41 and a risk score of 67.

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Water Systems, Energy Systems, and Distribution segments. The Water Systems segment offers motors, pumps, water treatment systems, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater in a range of residential, agricultural, municipal, and industrial applications; and electronic drives and controls for the motors, which control functionality and provide protection from various hazards, such as electrical surges, over-heating, and dry wells or dry tanks. Its Energy Systems segment produces and markets pumps, motors, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in energy system applications; and components between the tanks and the dispensers, including submersible pumps, station hardware, piping, and corrosion control systems. This segment serves other energy markets, such as power reliability systems, including intelligent electronic devices that are designed for online monitoring for the power utility, hydroelectric, rail, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells its products to wholesale and retail distributors, specialty distributors, and industrial and petroleum equipment distributors, as well as to oil and utility companies, and original equipment manufacturers. The company was founded in 1944 and is headquartered in Fort Wayne, Indiana.