Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Futu Holdings Limited - American Depositary Shares (NASDAQ:FUTU)

Bull Market Weakness (+75) - FUTU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FUTU as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid FUTU?

MarketClub looks at technical strength and momentum to determine if the timing is right for FUTU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FUTU
Open High Low FUTU Price Change
71.780 72.080 69.295 69.940 +0.925
Entry Signal

MarketClub’s Trade Triangles for FUTU

long term up The long-term trend has been UP since Mar 1st, 2024 at 55.99

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2024 at 58.52

short term down The short-term trend has been DOWN since May 8th, 2024 at 69.80

Smart Scan Analysis for FUTU

Based on our trend formula, FUTU is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for FUTU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.780 72.080 69.295 69.940 +0.925
Prev. Close Volume Bid Ask Time
69.015 1107190 2024-05-09 14:05:30
Year High0.1Year High Date2018-01-18
Year Low0.02Year Low Date2018-10-22
52wk High75.2552wk High Date2024-05-06
52wk Low35.9152wk Low Date2023-05-30
Year End Close0.19Average Volume1,839,224
Shares Outstanding10,900% Institutional0.7
Assets971,358,470MLiabilities725,671,110M
P/E Ratio141.135Volatility736.31
Get a free daily analysis and signals for Futu Holdings Limited - American Depositary Shares (FUTU) - Request Your Free Report.