FUTURE FINTECH GROUP INC (FTFT) Stock Technical Analysis
NASDAQ:FTFT - Nasdaq - US36117V3033 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to FTFT. In the last year, FTFT was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FTFT is part of the Financial Services industry. There are 100 other stocks in this industry. FTFT outperforms 95% of them.
In the last month FTFT has a been trading in the 1.01 - 4.03 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
FTFT has an average volume of 2034710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FTFT is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FTFT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FTFT is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FTFT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.90
3.98
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 | NEUTRAL | NEUTRAL | The long term trend for FTFT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTFT is up. |
| ChartMill Relative Strength | 96.43 | POSITIVE | FTFT has a high relative strength, it outperformed 96.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTFT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTFT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTFT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 91.41 | OVERBOUGHT | The high RSI value suggests FTFT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests FTFT has a positive trend. |
| Stochastics (14,3) | 88.36 | OVERBOUGHT | The high Stochastics value suggests FTFT may be overbought. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for FTFT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.38 | POSITIVE | The high ADX value value for FTFT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.94
+2.43 (+160.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg160.93%
1 Week205.43%
2 Weeks264.81%
1 Month222.95%
3 Month198.49%
6 Month33.6%
12 Month-10.05%
2 Year-71.45%
3 Year-81.7%
5 Year-96.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%5.94%
ATR Inc1087.91%
Range Today1.85
ADR(20)0.2
ADR(20)%5.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.43
Mansfield3.63
10 Day High4.03
10 Day Low1.06
20 Day High4.03
20 Day Low1.01
52 Week High5.7
52 Week Low1.01
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.03%
DER(5)0.63%
Volume96.59M
Volume Incr43716.68%
Vol(5)19.41M
Vol(50)2.03M