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FUTU HOLDINGS LTD.
FUTU HOLDINGS LTD.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FUTU
ISIN:

FUTU HOLDINGS LTD. - 1H - Technical analysis published on 11/27/2024 (GMT)

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Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
78%
6%
17%
My opinion
Bearish under 88.14 USD
My targets
82.77 USD (-4.37%)
80.41 USD (-7.09%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 88.14 USD remains possible. It is advisable to trade FUTU HOLDINGS LTD. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 88.14 USD. The next bearish objective for sellers is set at 82.77 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 80.41 USD. In case of crossing, the next objective would be the support located at 70.90 USD. PS: if there is a bullish break in the resistance located at 88.14 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Qaisali123
This analysis was given by Qaisali123. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The FUTU HOLDINGS LTD. rating is 86.55 USD. The price registered an increase of +3.33% on the session with the lowest point at 86.30 USD and the highest point at 89.89 USD. The deviation from the price is +0.29% for the low point and -3.72% for the high point.

86.30
89.89
86.55

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes on FUTU HOLDINGS LTD. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of FUTU HOLDINGS LTD. in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 70.90 80.41 82.77 86.55 88.14 92.26 94.99
Change (%) -18.08% -7.09% -4.37% - +1.84% +6.60% +9.75%
Change -15.65 -6.14 -3.78 - +1.59 +5.71 +8.44
Level Minor Major Intermediate - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard80.2181.4982.6283.9085.0386.3187.44
Camarilla83.1083.3283.5483.7683.9884.2084.42
Woodie80.1581.4582.5683.8684.9786.2787.38
Fibonacci81.4982.4182.9883.9084.8285.3986.31


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard66.8274.0779.1586.4091.4898.73103.81
Camarilla80.8381.9683.0984.2285.3586.4887.61
Woodie65.7373.5378.0685.8690.3998.19102.72
Fibonacci74.0778.7881.6986.4091.1194.0298.73


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.6260.0277.50103.90121.38147.78165.26
Camarilla82.9286.9590.9794.9999.01103.04107.06
Woodie29.1757.7973.05101.67116.93145.55160.81
Fibonacci60.0276.7887.14103.90120.66131.02147.78

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 58.06
MACD (12,26,9): 0.1200
Directional Movement: 14.20
AROON (14): 57.14
DEMA (21): 85.08
Parabolic SAR (0,02-0,02-0,2): 84.11
Elder Ray (13): 1.72
Super Trend (3,10): 84.04
Zig ZAG (10): 86.92
VORTEX (21): 1.0000
Stochastique (14,3,5): 68.58
TEMA (21): 86.14
Williams %R (14): -41.74
Chande Momentum Oscillator (20): 3.31
Repulse (5,40,3): -1.4700
ROCnROLL: -1
TRIX (15,9): -0.0800
Courbe Coppock: 4.99
MA7: 85.60
MA20: 92.05
MA50: 94.45
MA100: 77.79
MAexp7: 86.07
MAexp20: 85.27
MAexp50: 86.56
MAexp100: 89.24
Price / MA7: +1.11%
Price / MA20: -5.98%
Price / MA50: -8.36%
Price / MA100: +11.26%
Price / MAexp7: +0.56%
Price / MAexp20: +1.50%
Price / MAexp50: -0.01%
Price / MAexp100: -3.01%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on FUTU HOLDINGS LTD. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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