NASDAQ:FUTU - Nasdaq - US36118L1061 - ADR - Currency: USD
Taking everything into account, FUTU scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FUTU is showing a nice and steady performance.
Besides having an excellent technical rating, FUTU also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
65.81
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
120.86 | 107.20 | 13.66 (11.30%) | 8.85% |
An entry @120.86. This is a Buy Stop order right above the resistance zone. | An exit @107.20. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 13.66 points, which is 11.30%. | For a 1.00% total portfolio risk, you can invest 8.85% of your capital in this trade. |
113
-3.79 (-3.25%)