FRANKLIN FTSE ITALY ETF (FLIY) Stock Technical Analysis
USA - NYSEARCA:FLIY - US35473P7511 - ETF
24.8851 USD
+0.05 (+0.2%)
We assign a technical rating of 1 out of 10 to FLIY. FLIY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
Warning: FLIY has an average volume of 1838 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, FLIY turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
FLIY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLIY is lagging the market.
In the last month FLIY has a been trading in a tight range between 24.75 and 25.82.
Considerably lower volume is observed in the last couple of days.
FLIY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 24.88, a Stop Loss order could be placed below this zone.
More info and screens
24.45
28.17
We found 1 important support area.
- A support zone ranging from 24.70 to 24.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 25.06 to 25.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 25.53 to 25.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.14 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.59 to 27.89. 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 | DOWN | NEGATIVE | The long term trend for FLIY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLIY is down. |
| ChartMill Relative Strength | 62.51 | NEUTRAL | FLIY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLIY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLIY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FLIY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.1 | NEUTRAL | The RSI value for FLIY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FLIY has a positive trend. |
| Stochastics (14,3) | 22.89 | NEUTRAL | The Stochastics value for FLIY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for FLIY suggests low volalility. |
| Average Directional Index/ADX (14) | 16.84 | NEGATIVE | The low ADX value for FLIY 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)
NYSEARCA:FLIY (11/9/2023, 8:10:35 PM)
24.8851
+0.05 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.2%
1 Week-0.02%
2 Weeks0.04%
1 Month-2.92%
3 Month-6.68%
6 Month-4.73%
12 Month9.97%
2 Year-6.37%
3 Year3.26%
5 Year17.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.57%
ATR Inc-62.28%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.51
3 months CRSN/A
6 months CRSN/A
Mansfield-0.48
10 Day High24.92
10 Day Low24.75
20 Day High25.82
20 Day Low24.75
52 Week High27.86
52 Week Low21.79
CS1 End24.88
CR1 Start25.06
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-56.83%
Vol(5)680
Vol(50)1.84K