Overall FTFT gets a technical rating of 0 out of 10. FTFT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, FTFT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.01
When analyzing the support we notice one important area.
- A support zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.12 from a trend line in the daily time frame.
- A resistance zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.75 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.07 to 2.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FTFT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTFT is down. |
| ChartMill Relative Strength | 2.33 | NEGATIVE | FTFT has a low relative strength, it was outperformed by 97.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTFT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTFT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FTFT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.38 | NEUTRAL | The RSI value for FTFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FTFT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.57 | NEUTRAL | The Stochastics value for FTFT is a neutral value. |
| Average True Range in percent/ATR (20) | 11.08 | HIGH VOLATILITY | The high ATR as a percentage value for FTFT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for FTFT suggests a possible start of a new trend. |
1.08
-0.05 (-4.42%)
FUTURE FINTECH GROUP INC / FTFT FAQ
What is the ChartMill technical rating of FUTURE FINTECH GROUP INC (FTFT) stock?
ChartMill assigns a technical rating of 0 / 10 to FTFT.
Can you provide the trend direction for FUTURE FINTECH GROUP INC?
The current trend direction for FUTURE FINTECH GROUP INC (FTFT) is Bearish.
What is the RSI signal for FTFT stock?
FUTURE FINTECH GROUP INC (FTFT) has an RSI value of 35.3752. This indicates that the stock is currently neutral.
What is the MACD signal for FUTURE FINTECH GROUP INC (FTFT) stock?
The MACD indicator for FUTURE FINTECH GROUP INC (FTFT) has a value of 0.0238398, indicating a bearish trend.
Can you provide the support and resistance levels for FUTURE FINTECH GROUP INC?
FUTURE FINTECH GROUP INC (FTFT) has a support level at 1.03 and a resistance level at 1.12. Check the full technical report for our detailed analysis of FTFT support and resistance levels.