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