161.65 USD
-0.35 (-0.22%)
162.01 USD
+0.36 (+0.22%)
Overall FUTU gets a technical rating of 3 out of 10. Although FUTU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month FUTU has a been trading in the 160.38 - 189.38 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- FUTU is part of the Capital Markets industry. There are 238 other stocks in this industry. FUTU outperforms 89% 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.
- FUTU has an average volume of 1339150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that FUTU is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, FUTU also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 7 months ago.
FUTU has a poor technical rating and the quality of the setup is also not perfect 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
107.05
196.69
We found 3 important support areas.
- Support @160.32 from a trend line in the daily time frame.
- A support zone ranging from 153.78 to 154.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @108.13 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 170.19 to 173.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 176.51 to 178.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @186.29 from a trend line in the daily time frame.
- Resistance @194.74 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 | NEUTRAL | NEUTRAL | The long term trend for FUTU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FUTU is down. |
| ChartMill Relative Strength | 87.12 | POSITIVE | FUTU has a high relative strength, it outperformed 87.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FUTU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FUTU is below 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) | 38.96 | NEUTRAL | The RSI value for FUTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.93 | NEGATIVE | The MACD value suggests FUTU has a negative trend. |
| Stochastics (14,3) | 6.26 | OVERSOLD | The low Stochastics value suggests FUTU may be oversold. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for FUTU suggests some volalility. |
| Average Directional Index/ADX (14) | 20.25 | NEUTRAL | The ADX value for FUTU suggests a possible start of a new 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)
161.65
-0.35 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.22%
1 Week-8.41%
2 Weeks-10.23%
1 Month-2.1%
3 Month-9.38%
6 Month-1.2%
12 Month66.44%
2 Year246%
3 Year218.46%
5 Year62.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.41
ATR(20)%4.06%
ATR Inc-13.23%
Range Today4.38
ADR(20)5.87
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.12
3 months CRS22.71
6 months CRS31.04
Mansfield0.46
10 Day High189.38
10 Day Low160.39
20 Day High189.38
20 Day Low160.39
52 Week High202.53
52 Week Low70.6
CS1 End160.32
CR1 Start170.19
Volume & EV
DER(3)-1.44%
DER(5)-1.37%
Volume1.44M
Volume Incr29.7%
Vol(5)1.54M
Vol(50)1.34M
FUTU HOLDINGS LTD-ADR / FUTU FAQ
Can you provide the ChartMill technical rating for FUTU HOLDINGS LTD-ADR?
ChartMill assigns a technical rating of 3 / 10 to FUTU.
What is the current trend direction of FUTU HOLDINGS LTD-ADR (FUTU) stock?
The current trend direction for FUTU HOLDINGS LTD-ADR (FUTU) is Bearish.
What is the RSI signal for FUTU stock?
FUTU HOLDINGS LTD-ADR (FUTU) has an RSI value of 38.9576. This indicates that the stock is currently neutral.
What is the MACD signal for FUTU HOLDINGS LTD-ADR (FUTU) stock?
The MACD indicator for FUTU HOLDINGS LTD-ADR (FUTU) has a value of -1.92726, indicating a bearish trend.
Can you provide the short term momentum for FUTU HOLDINGS LTD-ADR?
The short term momentum for FUTU HOLDINGS LTD-ADR (FUTU) is negative.