Futu Holdings' 15min chart shows RSI oversold, KDJ golden cross.

Futu Holdings' 15-minute chart has triggered an RSI oversold reading and a KDJ golden cross at 07/29/2025 13:00. This suggests that the stock price has experienced a significant decline, potentially below its fundamental support levels, and momentum is shifting towards the upside, indicating a potential increase in stock price.

Futu Holdings Limited's 15-minute chart has triggered an RSI oversold reading and a KDJ golden cross at 07/29/2025 13:00. This technical indicator combination suggests a significant decline in the stock price, potentially below its fundamental support levels, and a shift in momentum towards the upside. The RSI (Relative Strength Index) reading indicates that the stock is oversold, signaling a potential buying opportunity, while the KDJ (Keltner Channels) golden cross signifies a bullish crossover, further suggesting a price increase.

Futu Holdings has been making headlines with its strong revenue growth and strategic expansion plans, driving heightened investor confidence. On Tuesday, October 1, 2024, the company's stocks traded up by 12.88 percent. Key highlights include positive financial performance and an optimistic market outlook [1].

Bank of America raised FUTU’s price target to $90 from $80.20, buoyed by positive Q3 guidance and favorable market conditions in Hong Kong and China. Additionally, Tencent Holdings offloaded a portion of FUTU stock at a 5.9% premium, securing $206M in gross proceeds, contributing to the stock’s recent 8% rise [1].

FUTU showcased a 3.1% stock increase, demonstrating robust performance among Asian ADRs in the US market. On October 1, 2024, FUTU stock reached a closing price of $107.54 after opening at $96.05 and hitting a high of $108.60. The stock's low was $94.66, reflecting a rollercoaster-like rise and dip [1].

Futu Holdings' revenue stands at $9.12B, translating to $97.67 per share. With a PE ratio of 17.52 and a price-to-sales ratio of 11.24, the company has a solid foundation and strong future prospects. The pre-tax profit margin of 48.3% indicates efficient cost control, while the return on assets (ROA) of 1.48% and return on equity (ROE) of 7.39% showcase effective use of assets and equity to generate profits [1].

The recent technical indicators suggest that FUTU's stock price may experience a rebound, potentially driven by the oversold RSI and the bullish KDJ golden cross. However, investors should remain cautious and monitor further market movements and regulatory changes, particularly in China, as these could impact FUTU's performance.

References:
[1] https://www.timothysykes.com/news/futu-holdings-limited-futu-news-2024_10_01-4/