NYSEARCA:FLGB - NYSE Arca - US35473P6786 - ETF - Currency: USD
Overall FLGB gets a technical rating of 6 out of 10. FLGB has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
FLGB 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.
25.25
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
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 FLGB is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLGB is neutral. |
ChartMill Relative Strength | 69.7 | NEUTRAL | FLGB is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLGB is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLGB is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLGB is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 48.32 | NEUTRAL | The RSI value for FLGB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests FLGB has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 21.52 | NEUTRAL | The Stochastics value for FLGB is a neutral value. |
Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for FLGB suggests low volalility. |
Average Directional Index/ADX (14) | 31.39 | POSITIVE | The high ADX value value for FLGB suggests a strong 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 |
---|---|---|---|
30.74 | 29.77 | 0.97 (3.14%) | 25.00% |
An entry @30.74. This is a Buy Stop order right above the 10 day moving average. | An exit @29.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.97 points, which is 3.14%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:FLGB (6/24/2025, 8:04:00 PM)
30.33
+0.12 (+0.4%)