FUTURE FINTECH GROUP INC (FTFT) Stock Technical Analysis
USA - NASDAQ:FTFT - US36117V3033 - Common Stock
2.11 USD
-0.15 (-6.43%)
2 USD
-0.11 (-5.21%)
Overall FTFT gets a technical rating of 7 out of 10. 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.
FTFT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FTFT has a been trading in the 1.76 - 3.88 range, which is quite wide. It is currently trading near the lows of this range.
FTFT is one of the better performing stocks in the Financial Services industry, it outperforms 86% of 101 stocks in the same industry.
FTFT has an average volume of 2306270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that FTFT is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Although FTFT has an excellent technical rating, the quality of the presented setup is not ideal 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
1.86
3.85
We found 1 important support area.
- Support @1.88 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @3.13 from a trend line in the daily time frame.
- Resistance @3.81 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 | NEUTRAL | NEUTRAL | The long term trend for FTFT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTFT is neutral. |
| ChartMill Relative Strength | 86.68 | POSITIVE | FTFT has a high relative strength, it outperformed 86.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FTFT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FTFT is below the rising 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) | 46.9 | NEUTRAL | The RSI value for FTFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FTFT has a negative trend. |
| Stochastics (14,3) | 15.93 | OVERSOLD | The low Stochastics value suggests FTFT may be oversold. |
| Average True Range in percent/ATR (20) | 17.71 | HIGH VOLATILITY | The high ATR as a percentage value for FTFT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.94 | 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)
2.11
-0.15 (-6.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-6.43%
1 Week-22.43%
2 Weeks0.48%
1 Month15.3%
3 Month104.85%
6 Month10.99%
12 Month-36.85%
2 Year-80.99%
3 Year-90.82%
5 Year-98.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%17.71%
ATR Inc4.44%
Range Today0.48
ADR(20)0.37
ADR(20)%17.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.68
Mansfield-2.18
10 Day High3.88
10 Day Low1.82
20 Day High3.88
20 Day Low1.76
52 Week High5.7
52 Week Low1.01
CS1 End1.88
CR1 Start3.13
Volume & EV
DER(3)-5.76%
DER(5)-1.14%
Volume350.60K
Volume Incr1256.37%
Vol(5)1.34M
Vol(50)2.31M