NASDAQ:FUTU - Nasdaq - US36118L1061 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to FUTU. 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.
FUTU has an excellent technical rating, but the quality of the setup is 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.
69.68
We found 6 important support areas.
3 important resistance areas can be observed.
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 | 89.74 | POSITIVE | FUTU has a high relative strength, it outperformed 89.74% 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) | 63.21 | NEUTRAL | The RSI value for FUTU is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests FUTU has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 75.75 | NEUTRAL | The Stochastics value for FUTU is a neutral value. |
Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for FUTU suggests some volalility. |
Average Directional Index/ADX (14) | 19.98 | NEGATIVE | The low ADX value for FUTU suggests a weak or negative trend. |
111.44
+2.25 (+2.06%)