FRANKLIN FTSE CANADA ETF (FLCA) Technical Analysis
NYSEARCA:FLCA • US35473P8279
Current stock price
FLCA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to FLCA. Both in the recent history as in the last year, FLCA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that FLCA is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, FLCA also shows a nice and consistent pattern of rising prices.
- FLCA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FLCA has a been trading in the 47.59 - 52.84 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
FLCA Weekly and Daily overview Charts
FLCA Setup Rating and Analysis
Although FLCA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
FLCA Support and Resistance Analysis
37.47
We found 3 important support areas.
- A support zone ranging from 49.99 to 50.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.53 to 48.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 52.39 to 52.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
FLCA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FLCA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLCA is up. |
| ChartMill Relative Strength | 75.12 | POSITIVE | FLCA has a high relative strength, it outperformed 75.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLCA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLCA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLCA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.92 | NEUTRAL | The RSI value for FLCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests FLCA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.31 | OVERBOUGHT | The high Stochastics value suggests FLCA may be overbought. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for FLCA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.64 | NEUTRAL | The ADX value for FLCA suggests a possible start of a new trend. |
FLCA Chart- and CandleStick Pattern Analysis
FLCA Technicals: Chart, Performance Metrics, Trend & Indicators
51.77
-0.03 (-0.06%)
FRANKLIN FTSE CANADA ETF / FLCA TA FAQ
What is the technical rating for FLCA stock?
ChartMill assigns a technical rating of 10 / 10 to FLCA.
What is the trend direction for FLCA stock?
The current trend direction for FRANKLIN FTSE CANADA ETF (FLCA) is Bullish.
Can you provide the RSI signal for FRANKLIN FTSE CANADA ETF?
FRANKLIN FTSE CANADA ETF (FLCA) has an RSI value of 60.918. This indicates that the stock is currently neutral.
What is the MACD signal for FLCA stock?
The MACD indicator for FRANKLIN FTSE CANADA ETF (FLCA) has a value of 0.210366, indicating a bearish trend.
What is the support and resistance level for FLCA stock?
FRANKLIN FTSE CANADA ETF (FLCA) has a support level at 50.34 and a resistance level at 52.39. Check the full technical report for our detailed analysis of FLCA support and resistance levels.