FRANKLIN FTSE CANADA ETF (FLCA) Stock Technical Analysis
NYSEARCA:FLCA - NYSE Arca - US35473P8279 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to FLCA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FLCA is showing a nice and steady performance.
FLCA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 41.98, a Stop Loss order could be placed below this zone.
More info and screens
36.21
We found 3 important support areas.
- A support zone ranging from 40.79 to 42.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.17 from a horizontal line in the daily time frame.
- Support @36.58 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 42.38 to 42.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 74.15 | POSITIVE | FLCA has a high relative strength, it outperformed 74.15% 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) | 56.87 | NEUTRAL | The RSI value for FLCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FLCA has a negative trend. |
| Stochastics (14,3) | 73.79 | NEUTRAL | The Stochastics value for FLCA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for FLCA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.41 | NEUTRAL | The ADX value for FLCA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.57 | 41.48 | 1.09 (2.57%) | 25.00% |
| An entry @42.57. This is a Buy Stop order right above the resistance zone. | An exit @41.48. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.09 points, which is 2.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:FLCA (7/29/2025, 10:45:57 AM)
42.2499
+0.09 (+0.21%)