FRANKLIN FTSE INDIA ETF (FLIN) Stock Technical Analysis
USA - NYSEARCA:FLIN - US35473P7693 - ETF
38.18 USD
-0.03 (-0.08%)
38.1601 USD
-0.02 (-0.05%)
Overall FLIN gets a technical rating of 3 out of 10. In the past year, FLIN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
79% of all other stocks performed better in the past year than FLIN.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
FLIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLIN is lagging the market.
In the last month FLIN has a been trading in a tight range between 37.17 and 38.73.
Considerably lower volume is observed in the last couple of days.
FLIN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 38.13, a Stop Loss order could be placed below this zone.
More info and screens
33.65
40.44
4 important support areas can be observed.
- A support zone ranging from 37.52 to 38.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.84 from a horizontal line in the daily time frame.
- Support @35.72 from a trend line in the weekly time frame.
- A support zone ranging from 33.99 to 34.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.11 to 40.04. 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 | NEUTRAL | NEUTRAL | The long term trend for FLIN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLIN is up. |
| ChartMill Relative Strength | 21.27 | NEGATIVE | FLIN has a low relative strength, it was outperformed by 78.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLIN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FLIN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.73 | NEUTRAL | The RSI value for FLIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests FLIN has a positive trend. |
| Stochastics (14,3) | 75.38 | NEUTRAL | The Stochastics value for FLIN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for FLIN suggests low volalility. |
| Average Directional Index/ADX (14) | 14.13 | NEGATIVE | The low ADX value for FLIN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
38.18
-0.03 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.08%
1 Week1.27%
2 Weeks1.22%
1 Month1.57%
3 Month-1.45%
6 Month9.12%
12 Month-8.02%
2 Year20.61%
3 Year33.54%
5 Year71.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%0.82%
ATR Inc-58.05%
Range Today0.13
ADR(20)0.19
ADR(20)%0.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.27
Mansfield-0.98
10 Day High38.29
10 Day Low37.17
20 Day High38.73
20 Day Low37.17
52 Week High42.49
52 Week Low33.86
CS1 End38.13
CR1 Start39.11
Volume & EV
DER(3)-7.67%
DER(5)-3.18%
Volume97.20K
Volume Incr-72.88%
Vol(5)173.85K
Vol(50)414.44K