Not a good buy right now: price is in a strong bearish structure (SMA_200 > SMA_20 > SMA_5) and just fell sharply (-13.54% regular session).
Oversold (RSI_6 ~13) can trigger a short bounce, but there is no proprietary buy signal today and momentum confirmation is weak.
Risk/reward is unfavorable for an impatient buyer: nearest overhead pivot/resistance is far above (Pivot ~2.039), while downside support is close (S2 ~1.44).
Financial trend is deteriorating (wider losses, collapsing gross margin), so there is no fundamental cushion to justify “buy the dip.”
Trend: Bearish (SMA_200 > SMA_20 > SMA_5), consistent with continued downside pressure.
Momentum: MACD histogram is slightly above 0 (0.00683) but positively contracting, suggesting any bullish momentum is fading rather than strengthening.
Oscillators: RSI_6 = 13.301 (deep oversold) — bounce potential exists, but oversold alone is not a buy trigger.
Key levels: Current area (~1.61 post-market) is below S1 (1.668), which is bearish.
Downside supports: S2 ~1.44 (next major support).
Upside hurdles: Pivot ~2.039, then R1 ~2.409.
Pattern-based forward view (given): ~50% chance of -0.39% next day, +2% next week, and -4.57% next month — skewed negative beyond very short term.
Gross margin: 9.24 (down -84.76% YoY) — severe margin compression; quality of revenue growth appears weak.
Overall: growth in revenue is being overwhelmed by worsening margins and deeper losses.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
No analyst rating/price target changes were provided in the dataset, implying no actionable recent Wall Street update to lean on here.
Wall Street pros (based on available data): Revenue is growing YoY.
Wall Street cons (based on available data): Profitability and margins are deteriorating sharply, increasing skepticism on sustainability.
Influential/politician activity: No recent congress trading data available; hedge funds and insiders are reported Neutral (no significant recent trend).
Wall Street analysts forecast FTFT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTFT is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Analyst Rating
0
Wall Street analysts forecast FTFT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTFT is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.