FUTU HOLDINGS LTD-ADR (FUTU) Stock Technical Analysis
USA - NASDAQ:FUTU - US36118L1061 - ADR
Overall FUTU gets a technical rating of 9 out of 10. Both in the recent history as in the last year, FUTU has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although FUTU has an excellent technical rating, it does not offer a high 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
99.30
When analyzing the support we can see 4 important areas.
- A support zone ranging from 165.37 to 166.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @159.09 from a trend line in the daily time frame.
- A support zone ranging from 154.59 to 154.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @100.30 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 199.05 to 199.05. 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 | UP | POSITIVE | The long term trend for FUTU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FUTU is up. |
| ChartMill Relative Strength | 93.2 | POSITIVE | FUTU has a high relative strength, it outperformed 93.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FUTU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FUTU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FUTU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.07 | NEUTRAL | The RSI value for FUTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.28 | POSITIVE | The MACD value suggests FUTU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.02 | NEUTRAL | The Stochastics value for FUTU is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for FUTU suggests high volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for FUTU suggests a weak or negative trend. |
179.54
-14.7 (-7.57%)
FUTU HOLDINGS LTD-ADR / FUTU FAQ
Can you provide the ChartMill technical rating for FUTU HOLDINGS LTD-ADR?
ChartMill assigns a technical rating of 9 / 10 to FUTU.
Can you provide the trend direction for FUTU HOLDINGS LTD-ADR?
The current trend direction for FUTU HOLDINGS LTD-ADR (FUTU) is Bullish.
What is the RSI signal for FUTU stock?
FUTU HOLDINGS LTD-ADR (FUTU) has an RSI value of 51.0702. This indicates that the stock is currently neutral.
What is the MACD signal for FUTU stock?
The MACD indicator for FUTU HOLDINGS LTD-ADR (FUTU) has a value of 2.28013, indicating a bullish trend.
What is the short term momentum for FUTU HOLDINGS LTD-ADR (FUTU) stock?
The short term momentum for FUTU HOLDINGS LTD-ADR (FUTU) is positive.