FUTU HOLDINGS LTD-ADR (FUTU)

US36118L1061 - ADR

87  +0.81 (+0.94%)

Premarket: 86.53 -0.47 (-0.54%)

Technical Rating and Analysis

8

Overall FUTU gets a technical rating of 8 out of 10. In the last year, FUTU was one of the better performers, but we do observe some doubts in the very recent evolution.

FUTU is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that FUTU is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by FUTU over the past year are nicely spread over this period.
FUTU is part of the Capital Markets industry. There are 220 other stocks in this industry. FUTU outperforms 86% of them.
FUTU has an average volume of 2995240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FUTU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FUTU is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FUTU Weekly chart
FUTU Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, FUTU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 86.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FUTU in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

53.79

99.06

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 84.77 to 86.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 82.45 to 83.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @62.91 from a trend line in the weekly time frame.
  • Support @57.93 from a trend line in the daily time frame.
  • Support @56.50 from a trend line in the weekly time frame.
  • Support @54.33 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 90.25 to 90.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @98.08 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.09
Mansfield1.41
10 Day High88
10 Day Low81.4
20 Day High104.99
20 Day Low81.4
52 Week High130.5
52 Week Low43.61
Performance
1 Week0.95%
2 Weeks0.02%
1 Month3.57%
3 Month1.54%
6 Month32.61%
12 Month59.25%
2 Year114.02%
3 Year100.92%
5 Year743.02%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)49.81
LBB78.81
UBB93.41
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
90.3884.765.62 (6.22%)16.08%
An entry @90.38. This is a Buy Stop order right above the resistance zone.An exit @84.76. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 5.62 points, which is 6.22%.For a 1.00% total portfolio risk, you can invest 16.08% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of FUTU. Please evaluate whether better entry and exit points can be found.
  • 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.
FUTU Daily chart

FUTU HOLDINGS LTD-ADR

NASDAQ:FUTU (12/24/2024, 8:15:40 PM)

Premarket: 86.53 -0.47 (-0.54%)

87

+0.81 (+0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.94%
1 Week0.95%
2 Weeks0.02%
1 Month3.57%
3 Month1.54%
6 Month32.61%
12 Month59.25%
2 Year114.02%
3 Year100.92%
5 Year743.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.13
ATR(20)%5.37%
ATR Inc-59.95%
Range Today1.59
ADR(20)3.7
ADR(20)%4.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.09
Mansfield1.41
10 Day High88
10 Day Low81.4
20 Day High104.99
20 Day Low81.4
52 Week High130.5
52 Week Low43.61
CS1 End86.13
CR1 Start90.25
Volume & EV
DER(3)4.5%
DER(5)1.43%
Volume839.70K
Volume Incr-56.89%
Vol(5)1.13M
Vol(50)3.00M