Futu Holdings (FUTU, $111.43) entered Downtrend as Momentum indicator drops below 0 level on Feb 27, 2025

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FUTU - Futu Holdings Limited
Momentum signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $111.43
Daily change: -$2.57 (-2.25%)
Daily volume: 1.6M
Capitalization: $15.4B
Industry: Investment Banks/Brokers

This indicator may be signaling that FUTU's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 81 similar cases where FUTU's Momentum Indicator fell below the 0 level, and 71 of them led to a successful outcome. Odds of Success: 88%.