FRANKLIN FTSE EUROPE ETF (FLEE) Stock Technical Analysis
USA - NYSEARCA:FLEE - US35473P6521 - ETF
Taking everything into account, FLEE scores 7 out of 10 in our technical rating. Although FLEE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, FLEE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.48, a Stop Loss order could be placed below this zone.
More info and screens
27.13
We found 4 important support areas.
- A support zone ranging from 33.53 to 34.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.67 to 32.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.65 from a trend line in the weekly time frame.
- Support @27.40 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.56 to 34.89. 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 FLEE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLEE is up. |
| ChartMill Relative Strength | 56.16 | NEUTRAL | FLEE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLEE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLEE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLEE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.12 | NEUTRAL | The RSI value for FLEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FLEE has a positive trend. |
| Stochastics (14,3) | 72.46 | NEUTRAL | The Stochastics value for FLEE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for FLEE suggests low volalility. |
| Average Directional Index/ADX (14) | 12.23 | NEGATIVE | The low ADX value for FLEE suggests a weak or negative 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 |
|---|---|---|---|
| 34.90 | 33.58 | 1.32 (3.80%) | 25.00% |
| An entry @34.90. This is a Buy Stop order right above the resistance zone. | An exit @33.58. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.32 points, which is 3.80%. | For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:FLEE (9/12/2025, 8:04:00 PM)
34.5554
-0.09 (-0.26%)