Stock Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Futu Holdings Limited - American Depositary Shares (NASDAQ:FUTU)
Sidelines Mode (+55) - FUTU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for FUTU
The long-term trend has been UP since May 19th, 2020 at 14.20
The intermediate-term trend has been UP since Apr 19th, 2021 at 164.50
The short-term trend has been DOWN since May 3rd, 2021 at 144.22
Smart Scan Analysis for FUTU
Based on our trend formula, FUTU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.1||Year High Date||2018-01-18|
|Year Low||0.02||Year Low Date||2018-10-22|
|52wk High||204.25||52wk High Date||2021-02-10|
|52wk Low||10.52||52wk Low Date||2020-05-05|
|Year End Close||0.19||Average Volume||6,994,567|
|Shares Outstanding||10,900||% Institutional||0.7|