FUTU HOLDINGS LTD-ADR (FUTU) Technical Analysis
NASDAQ:FUTU • US36118L1061
Current stock price
FUTU Technical Rating and Analysis
Taking everything into account, FUTU scores 1 out of 10 in our technical rating. FUTU has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month FUTU has a been trading in the 134.08 - 156.05 range, which is quite wide. It is currently trading near the lows of this range.
- FUTU is one of the better performing stocks in the Capital Markets industry, it outperforms 81% of 242 stocks in the same industry.
- FUTU has an average volume of 1676820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, FUTU outperforms 62% of them, which is more or less in line with the market.
- FUTU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FUTU is lagging the market slightly.
FUTU Weekly and Daily overview Charts
FUTU Setup Rating and Analysis
The technical rating of FUTU is bad and it also does not present a quality setup 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
FUTU Support and Resistance Analysis
112.68
We found 1 important support area.
- Support @113.82 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 144.91 to 146.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 152.76 to 153.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 156.15 to 157.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @167.09 from a horizontal line in the daily time frame.
- Resistance @177.41 from a trend line in the daily time frame.
FUTU Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for FUTU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FUTU is down. |
| ChartMill Relative Strength | 62.29 | NEUTRAL | FUTU is not amongst the best or worst performers 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 | MIXED | The current price of FUTU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.65 | NEUTRAL | The RSI value for FUTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests FUTU has a negative trend. |
| Stochastics (14,3) | 20.82 | NEUTRAL | The Stochastics value for FUTU is a neutral value. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for FUTU suggests high volalility. |
| Average Directional Index/ADX (14) | 23.09 | NEUTRAL | The ADX value for FUTU suggests a possible start of a new trend. |
FUTU Chart- and CandleStick Pattern Analysis
FUTU Technicals: Chart, Performance Metrics, Trend & Indicators
135.02
-4.45 (-3.19%)
FUTU HOLDINGS LTD-ADR / FUTU TA FAQ
Can you provide the ChartMill technical rating for FUTU HOLDINGS LTD-ADR?
ChartMill assigns a technical rating of 1 / 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 36.6472. 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 -0.41931, 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.