FRANKLIN FTSE CHINA ETF (FLCH) Technical Analysis
NYSEARCA:FLCH • US35473P8196
Current stock price
FLCH Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to FLCH. In the past year, FLCH was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month FLCH has a been trading in the 21.95 - 23.83 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, FLCH outperforms 48% of them, which is more or less in line with the market.
- FLCH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLCH is lagging the market.
- Considerably lower volume is observed in the last couple of days.
FLCH Weekly and Daily overview Charts
FLCH Setup Rating and Analysis
FLCH has an average technical rating and also the quality of the setup is only medium 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
FLCH Support and Resistance Analysis
21.75
We found 1 important support area.
- A support zone ranging from 21.97 to 22.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.38 to 23.71. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 24.47 to 25.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 25.96 to 26.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
FLCH 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 | NEUTRAL | NEUTRAL | The long term trend for FLCH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLCH is up. |
| ChartMill Relative Strength | 48.09 | NEUTRAL | FLCH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLCH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FLCH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FLCH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.91 | NEUTRAL | The RSI value for FLCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests FLCH has a positive trend. |
| Stochastics (14,3) | 92.6 | OVERBOUGHT | The high Stochastics value suggests FLCH may be overbought. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for FLCH suggests low volalility. |
| Average Directional Index/ADX (14) | 17.36 | NEGATIVE | The low ADX value for FLCH suggests a weak or negative trend. |
FLCH Chart- and CandleStick Pattern Analysis
FLCH Technicals: Chart, Performance Metrics, Trend & Indicators
23.37
-0.34 (-1.43%)
FRANKLIN FTSE CHINA ETF / FLCH TA FAQ
What is the ChartMill technical rating of FRANKLIN FTSE CHINA ETF (FLCH) stock?
ChartMill assigns a technical rating of 4 / 10 to FLCH.
What is the trend direction for FLCH stock?
The current trend direction for FRANKLIN FTSE CHINA ETF (FLCH) is Bearish.
What is the RSI signal for FRANKLIN FTSE CHINA ETF (FLCH) stock?
FRANKLIN FTSE CHINA ETF (FLCH) has an RSI value of 63.9074. This indicates that the stock is currently neutral.
What is the MACD signal for FLCH stock?
The MACD indicator for FRANKLIN FTSE CHINA ETF (FLCH) has a value of 0.188337, indicating a bearish trend.
What is the support and resistance level for FLCH stock?
FRANKLIN FTSE CHINA ETF (FLCH) has a support level at 23.38 and a resistance level at 23.71. Check the full technical report for our detailed analysis of FLCH support and resistance levels.