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Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
FutureTech II Acquisition Corp. - Class A (NASDAQ:FTII)
Countertrend Up (+85) - FTII is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FTII?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTII.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FTII
The long-term trend has been UP since Apr 12th, 2022 at 9.98
The intermediate-term trend has been UP since Jan 3rd, 2024 at 10.87
The short-term trend has been UP since Feb 13th, 2024 at 11.06
Smart Scan Analysis for FTII
Based on our trend formula, FTII is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.635 | 11.500 | 11.500 | 11.500 | +0.400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.500 | 101 | 2024-05-03 12:21:26 |
| 52wk High | 12.12 | 52wk High Date | 2023-05-24 |
| 52wk Low | 10.51 | 52wk Low Date | 2023-05-08 |
| Average Volume | 210 | Shares Outstanding | 2,955 |
| Assets | 119,474,609M | Liabilities | 4,237,635M |
| P/E Ratio | 217 |