On Friday, Futu Holdings ADR earned an upgrade to its Relative Strength (RS) Rating, from 89 to 92.
This unique rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating at the beginning of a new run.
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Futu Holdings ADR is now considered extended and out of buy range after clearing an 81.86 buy point in a second-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Taking a look at revenue and profit performance, Futu Holdings ADR has posted rising EPS growth in each of the last two reports. Revenue gains have also increased over the same time frame.
Futu Holdings ADR holds the No. 4 rank among its peers in the Finance-Investment Banking/Brokers industry group. Jefferies Financial Group is the No. 1-ranked stock within the group.
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