Overall FUTU gets a technical rating of 6 out of 10. In the last year, FUTU was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, FUTU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
103.52
We found 3 important support areas.
2 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 | DOWN | NEGATIVE | The short term trend for FUTU is down. |
| ChartMill Relative Strength | 92.11 | POSITIVE | FUTU has a high relative strength, it outperformed 92.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FUTU is below the rising 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) | 44 | NEUTRAL | The RSI value for FUTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests FUTU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.34 | NEUTRAL | The Stochastics value for FUTU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for FUTU suggests some volalility. |
| Average Directional Index/ADX (14) | 15.9 | NEGATIVE | The low ADX value for FUTU suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 173.39 | 162.35 | 11.04 (6.37%) | 15.71% |
| An entry @173.39. This is a Buy Stop order right above the resistance zone. | An exit @162.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.04 points, which is 6.37%. | For a 1.00% total portfolio risk, you can invest 15.71% of your capital in this trade. |
164.66
+0.82 (+0.5%)
ChartMill assigns a technical rating of 6 / 10 to FUTU.
The current trend direction for FUTU HOLDINGS LTD-ADR (FUTU) is Bullish.
FUTU HOLDINGS LTD-ADR (FUTU) has an RSI value of 44.0036. This indicates that the stock is currently neutral.
The MACD indicator for FUTU HOLDINGS LTD-ADR (FUTU) has a value of -0.55548, indicating a bearish trend.
The short term momentum for FUTU HOLDINGS LTD-ADR (FUTU) is negative.