FRANKLIN FTSE SOUTH KOREA (FLKR) Technical Analysis
NYSEARCA:FLKR • US35473P7107
Current stock price
FLKR Technical Rating and Analysis
Taking everything into account, FLKR scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month FLKR has a been trading in the 37.32 - 44.59 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that FLKR is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by FLKR over the past year are nicely spread over this period.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- FLKR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FLKR is lagging the market slightly.
FLKR Weekly and Daily overview Charts
FLKR Setup Rating and Analysis
Besides having an excellent technical rating, FLKR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 43.68. Right above this resistance zone may be a good entry point.
More info and screens
FLKR Support and Resistance Analysis
34.92
3 important support areas can be observed.
- A support zone ranging from 39.28 to 39.70. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 37.76 to 38.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @35.27 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @43.68 from a horizontal line in the daily time frame.
FLKR 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 | UP | POSITIVE | The long term trend for FLKR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLKR is down. |
| ChartMill Relative Strength | 93.34 | POSITIVE | FLKR has a high relative strength, it outperformed 93.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLKR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FLKR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLKR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.77 | NEUTRAL | The RSI value for FLKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests FLKR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.52 | NEUTRAL | The Stochastics value for FLKR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for FLKR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for FLKR suggests a possible start of a new trend. |
FLKR Chart- and CandleStick Pattern Analysis
FLKR Example Setup
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 |
|---|---|---|---|
| 40.39 | 39.27 | 1.12 (2.78%) | 25.00% |
| An entry @40.39. This is a Buy Stop order right above the 10 day moving average. | An exit @39.27. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.12 points, which is 2.78%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FLKR. Please evaluate whether better entry and exit points can be found.
- 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.
FLKR Technicals: Chart, Performance Metrics, Trend & Indicators
39.87
-0.96 (-2.35%)
FRANKLIN FTSE SOUTH KOREA / FLKR TA FAQ
What is the ChartMill technical rating of FRANKLIN FTSE SOUTH KOREA (FLKR) stock?
ChartMill assigns a technical rating of 7 / 10 to FLKR.
What is the current trend direction of FRANKLIN FTSE SOUTH KOREA (FLKR) stock?
The current trend direction for FRANKLIN FTSE SOUTH KOREA (FLKR) is Bullish.
Can you provide the RSI signal for FRANKLIN FTSE SOUTH KOREA?
FRANKLIN FTSE SOUTH KOREA (FLKR) has an RSI value of 45.7723. This indicates that the stock is currently neutral.
What is the MACD signal for FRANKLIN FTSE SOUTH KOREA (FLKR) stock?
The MACD indicator for FRANKLIN FTSE SOUTH KOREA (FLKR) has a value of -0.296371, indicating a bearish trend.
What is the short term momentum for FLKR stock?
The short term momentum for FRANKLIN FTSE SOUTH KOREA (FLKR) is negative.