FUTU HOLDINGS LTD-ADR (FUTU) Stock Technical Analysis
NASDAQ:FUTU - Nasdaq - US36118L1061 - ADR - Currency: USD
Taking everything into account, FUTU scores 10 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FUTU is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, FUTU also shows a nice and consistent pattern of rising prices.
FUTU is part of the Capital Markets industry. There are 237 other stocks in this industry. FUTU outperforms 98% of them.
FUTU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FUTU is lagging the market slightly.
In the last month FUTU has a been trading in the 140.31 - 174.36 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FUTU has an average volume of 2470840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although FUTU 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
74.38
156.58
When analyzing the support we can see 6 important areas.
- Support @144.72 from a trend line in the daily time frame.
- A support zone ranging from 141.66 to 141.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @138.62 from a trend line in the daily time frame.
- Support @91.04 from a trend line in the weekly time frame.
- Support @84.50 from a trend line in the weekly time frame.
- Support @75.13 from a horizontal 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 | 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 | 97.09 | POSITIVE | FUTU has a high relative strength, it outperformed 97.09% 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) | UP | POSITIVE | The current price of FUTU is above the rising 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) | 57.36 | NEUTRAL | The RSI value for FUTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.15 | NEGATIVE | The MACD value suggests FUTU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.41 | NEUTRAL | The Stochastics value for FUTU is a neutral value. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for FUTU suggests high volalility. |
| Average Directional Index/ADX (14) | 35.95 | POSITIVE | The high ADX value value for FUTU 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)
155.03
-0.15 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.1%
1 Week2.71%
2 Weeks-8.21%
1 Month8.87%
3 Month51.49%
6 Month46.75%
12 Month166.19%
2 Year160.12%
3 Year215.81%
5 Year381.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.42
ATR(20)%5.07%
ATR Inc-39.44%
Range Today3.75
ADR(20)6.74
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.09
Mansfield4.4
10 Day High170.47
10 Day Low141.15
20 Day High174.36
20 Day Low140.31
52 Week High174.36
52 Week Low56.22
CS1 End144.72
CR1 StartN/A
Volume & EV
DER(3)-1.93%
DER(5)-1.22%
Volume1.35M
Volume Incr-8.71%
Vol(5)2.52M
Vol(50)2.47M