We assign a technical rating of 1 out of 10 to FTFT. FTFT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FTFT is a bad performer in the overall market: 96% of all stocks are doing better.
FTFT is part of the Financial Services industry. There are 101 other stocks in this industry, of which 89% are performing better than FTFT.
FTFT is currently trading near the lower end of its 52 week range, which is not a good sign. FTFT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month FTFT has a been trading in the 1.15 - 1.68 range, which is quite wide. It is currently trading near the high of this range.
FTFT has an average volume of 4895670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.