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.
The technical rating of FTFT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.74
2 important resistance areas can be observed.
- Resistance @0.83 from a horizontal line in the daily time frame.
- Resistance @1.31 from a trend line in the weekly time frame.
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 | 2.18 | NEGATIVE | FTFT has a low relative strength, it was outperformed by 97.82% 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) | 29.61 | OVERSOLD | The low RSI value suggests FTFT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FTFT has a positive trend. |
| Stochastics (14,3) | 14.63 | OVERSOLD | The low Stochastics value suggests FTFT may be oversold. |
| Average True Range in percent/ATR (20) | 10.7 | HIGH VOLATILITY | The high ATR as a percentage value for FTFT suggests high volalility. |
| Average Directional Index/ADX (14) | 37.22 | POSITIVE | The high ADX value value for FTFT suggests a strong trend. |
0.7501
+0 (+0.58%)
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.
What is the trend direction for FTFT stock?
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 29.6054. This indicates that the stock is currently oversold.
What is the short term momentum for FTFT stock?
The short term momentum for FUTURE FINTECH GROUP INC (FTFT) is negative.
Can you provide the support and resistance levels for FUTURE FINTECH GROUP INC?
FUTURE FINTECH GROUP INC (FTFT) has a resistance level at 0.83. Check the full technical report for our detailed analysis of FTFT support and resistance levels.