Taking everything into account, FUFU scores 3 out of 10 in our technical rating. FUFU'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.
- 90% of all other stocks performed better in the past year than FUFU.
- FUFU is part of the Software industry. There are 277 other stocks in this industry, of which 62% are performing better than FUFU.
- FUFU 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 FUFU has a been trading in the 2.38 - 3.47 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Considerably lower volume is observed in the last couple of days.
FUFU has a poor technical rating and the quality of the setup is also only medium 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
2.87
We found 1 important support area.
- A support zone ranging from 2.90 to 2.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @3.28 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.35 to 3.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.89 from a trend line in the daily 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 FUFU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FUFU is neutral. |
| ChartMill Relative Strength | 10.36 | NEGATIVE | FUFU has a low relative strength, it was outperformed by 89.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FUFU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FUFU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FUFU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.49 | NEUTRAL | The RSI value for FUFU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FUFU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.78 | NEUTRAL | The Stochastics value for FUFU is a neutral value. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for FUFU suggests high volalility. |
| Average Directional Index/ADX (14) | 28.35 | POSITIVE | The high ADX value value for FUFU suggests a strong trend. |
2.98
-0.21 (-6.58%)
BITFUFU INC-A / FUFU FAQ
What is the technical rating for FUFU stock?
ChartMill assigns a technical rating of 3 / 10 to FUFU.
What is the current trend direction of BITFUFU INC-A (FUFU) stock?
The current trend direction for BITFUFU INC-A (FUFU) is Bearish.
What is the RSI signal for FUFU stock?
BITFUFU INC-A (FUFU) has an RSI value of 49.491. This indicates that the stock is currently neutral.
What is the MACD signal for FUFU stock?
The MACD indicator for BITFUFU INC-A (FUFU) has a value of 0.0429585, indicating a bearish trend.
What is the short term momentum for FUFU stock?
The short term momentum for BITFUFU INC-A (FUFU) is neutral.