UP Fintech Holding: Bollinger Bands expand upward, KDJ triggers golden cross.

Based on the 15-minute chart for UP Fintech Holding, the Bollinger Bands are expanding upward, and a Golden Cross occurred on KDJ at 09/03/2025 10:30. This suggests that the market trend is currently being driven by buyers and the momentum of the stock price is shifting towards the upside. As a result, there is potential for further increase in the stock price.

UP Fintech Holding Limited reported its second-quarter (Q2) 2025 earnings, showcasing robust financial performance. The company's revenue reached US$138.72 million, a significant 58.7% year-over-year increase, and net income attributable to ordinary shareholders surged to US$41.4 million, up 36.2% from the previous quarter [1].

The company's strong earnings momentum is driven by a 13.1% quarter-over-quarter increase in revenue and a 21.4% year-over-year increase in total customer deposits, reaching $1.19 million. The addition of nearly 40,000 new customers with deposits in the quarter reflects a year-to-date total of over 100,000, indicating growing retail investor engagement, particularly in Asia [1].

Analysts remain optimistic about UP Fintech's prospects. DBS analyst Edmond Fok maintains a Buy rating with a price target of $14.00, while the company has a Strong Buy analyst consensus with a price target consensus of $13.84, a 19.62% upside from current levels [2].

However, potential negatives include Mr. Lei Fang's resignation as a director and increased operating costs in several categories, such as execution and clearing expenses (up 92.3%) and employee compensation (up 25.1%) [1].

Technical indicators suggest further upward momentum. Based on the 15-minute chart, the Bollinger Bands are expanding upward, and a Golden Cross occurred on KDJ at 09/03/2025 10:30, indicating that the market trend is currently being driven by buyers and the momentum of the stock price is shifting towards the upside [3].

References:
[1] https://finance.yahoo.com/news/why-fintech-holding-tigr-14-101050260.html
[2] https://www.ainvest.com/news/dbs-maintains-buy-rating-fintech-holding-14-price-target-2508/
[3] [Provide the URL or source for the technical analysis chart]