Locafy's 15min chart shows Bollinger Bands expanding downward, KDJ death cross, bearish Marubozu.

Tuesday, Oct 7, 2025 10:34 am ET2min read

According to Locafy's 15-minute chart, the Bollinger Bands have expanded downward, indicating a downward trend in the stock price. Furthermore, the KDJ Death Cross and Bearish Marubozu at 10/07/2025 10:30 suggest that the momentum of the stock price is shifting towards the downside, and there is potential for further decreases. Sellers are currently in control of the market, and the bearish momentum is likely to continue.

Future FinTech Group Inc. (FTFT), a multifaceted financial and digital technology service provider, has recently seen its stock price exhibit downward trends according to Locafy's 15-minute chart. The Bollinger Bands have expanded downward, indicating a potential downward trend, and the KDJ Death Cross and Bearish Marubozu signals on October 7, 2025, at 10:30, suggest a shift in momentum towards the downside. Sellers are currently in control of the market, and the bearish momentum is likely to persist.

FTFT has been actively engaged in various strategic initiatives and partnerships to bolster its market position. On October 6, 2025, FTFT announced a strategic cooperation agreement with HHEX RWA Financial Instruments to accelerate the development of Web3 and RWA platforms. This partnership aims to jointly launch a compliant multi-asset RWA tokenized fund and build an RWA Business Center System for tokenization of real estate fund shares, supply-chain assets, and bonds. The collaboration combines HHEX's blockchain/tokenization technology with FTFT's asset selection, product design, compliance, and institutional client base.

Additionally, FTFT has been exploring new business ventures. On August 27, 2025, the company announced a special meeting of shareholders, scheduled for September 2, 2025, at 10:00 a.m. Hong Kong time (10:00 p.m. EST). This meeting will be held at the company's headquarters in Hong Kong and will allow shareholders to vote on various proposals. FTFT has also been expanding its virtual asset services. Its Hong Kong subsidiary, Future Securities, is applying for a Type 1 Virtual Asset Service Provider (VASP) license and a Type 9 Asset Management License from Hong Kong's Securities and Futures Commission (SFC).

Despite these strategic moves, FTFT's stock price has been under pressure. The company's stock price has been influenced by various factors, including regulatory filings and market conditions. The downward trend in FTFT's stock price suggests that investors may be cautious about the company's future prospects and the potential impact of regulatory changes on its operations.

Future FinTech Group Inc. (FTFT) is navigating a complex financial landscape, with strategic partnerships and new business ventures aimed at bolstering its market position. However, the downward trend in its stock price indicates that investors are cautious about the company's future prospects and the potential challenges it may face. As FTFT continues to expand its operations and explore new business opportunities, it will be essential for the company to address investor concerns and demonstrate its ability to adapt to changing market conditions.

Comments



Add a public comment...
No comments

No comments yet