FUTU HOLDINGS LTD-ADR (NASDAQ:FUTU) – A High-Growth Momentum Stock with Strong Technical Setup

FUTU HOLDINGS LTD-ADR (NASDAQ:FUTU) stands out as a high-growth momentum candidate with a solid technical setup. The company, which provides digital brokerage services primarily in Asia, has demonstrated strong earnings and revenue growth while maintaining an upward price trend.

Growth Momentum Highlights

• Earnings Growth: FUTU reported a 54.5% year-over-year increase in EPS (TTM), with recent quarterly EPS growth exceeding 96%.
• Revenue Expansion: Sales grew 55.4% over the past year, with the latest quarter showing an 81.1% jump.
• Profit Margins: The company’s profit margin has expanded to 45.7% in the most recent quarter, up from 38.4% two quarters prior.
• Analyst Revisions: EPS estimates for the next year have been revised upward by 11.4% over the past three months, signaling confidence in continued growth.
• Earnings Surprises: FUTU has beaten EPS estimates in three of the last four quarters, with an average surprise of 9.2%.

Technical Strength & Setup

• Technical Rating (10/10): FUTU is in a strong uptrend, outperforming 92% of stocks in the Capital Markets industry.
• Setup Quality (7/10): The stock is consolidating near resistance at $123.56, with support around $120.04. A breakout above resistance could signal further upside.
• Trend Confirmation: Both short-term and long-term trends are positive, with the stock trading above key moving averages (20-day, 50-day, 100-day, and 200-day).
• Bull Flag Pattern: The recent pullback in price with declining volume suggests a potential continuation of the upward move.

For a deeper technical breakdown, review the full technical report for FUTU.

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Disclaimer

This is not investment advice. The observations here are based on current data, but investors should conduct their own research before making decisions.