FUTU HOLDINGS LTD-ADR (FUTU) Stock Technical Analysis
NASDAQ:FUTU - US36118L1061 - ADR
185.6 USD
-0.51 (-0.27%)
185.619 USD
+0.02 (+0.01%)
Overall FUTU gets a technical rating of 10 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.
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 239 other stocks in this industry. FUTU outperforms 98% of them.
FUTU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
FUTU is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
FUTU has an average volume of 2482980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, FUTU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
74.38
187.46
5 important support areas can be observed.
- Support @168.51 from a horizontal line in the daily time frame.
- Support @162.00 from a trend line in the daily time frame.
- A support zone ranging from 152.18 to 153.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @93.18 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 | 97.84 | POSITIVE | FUTU has a high relative strength, it outperformed 97.84% 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) | 63.77 | NEUTRAL | The RSI value for FUTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests FUTU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69 | NEUTRAL | The Stochastics value for FUTU is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for FUTU suggests some volalility. |
| Average Directional Index/ADX (14) | 33.44 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 197.36 | 168.50 | 28.86 (14.62%) | 6.84% |
| An entry @197.36. This is a Buy Stop order right above the 10 day high. | An exit @168.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 28.86 points, which is 14.62%. | For a 1.00% total portfolio risk, you can invest 6.84% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
185.6
-0.51 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.27%
1 Week-2.64%
2 Weeks6.51%
1 Month31.01%
3 Month82.09%
6 Month69.98%
12 Month192.01%
2 Year211.41%
3 Year278.08%
5 Year476.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.05
ATR(20)%4.33%
ATR Inc-18.94%
Range Today8.09
ADR(20)7.03
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.84
Mansfield5.96
10 Day High197.35
10 Day Low161.9
20 Day High197.35
20 Day Low144.79
52 Week High197.35
52 Week Low56.22
CS1 End168.51
CR1 StartN/A
Volume & EV
DER(3)0.76%
DER(5)-0.59%
Volume2.32M
Volume Incr-8.04%
Vol(5)2.22M
Vol(50)2.48M