FUTU

Futu Holdings Ltd - ADR Shares Close the Week 21.6% Lower - Weekly Wrap

Futu Holdings Ltd - ADR (FUTU) shares closed this week 21.6% lower than it did at the end of last week. The stock is currently down 11.3% year-to-date, down 60.1% over the past 12 months, and up 150.7% over the past five years. This week, the Dow Jones Industrial Average fell 1.6%, and the S&P 500 fell 3.5%.

Trading Activity

  • Shares traded as high as $44.48 and as low as $36.40 this week.
  • Shares closed 80.9% below its 52-week high and 14.6% above its 52-week low.
  • Trading volume this week was 32.3% lower than the 10-day average and 34.0% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.8.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed above its Bollinger band, indicating it may be overbought.
  • The stock closed at 3.9% lower than its 5-day moving average, 8.7% lower than its 20-day moving average, and 31.3% lower than its 90-day moving average.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and beats it on a 5-year basis

Per Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 261.8%
  • The company's stock price performance over the past 12 months lags the peer average by -1774.1%


This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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