FRANKLIN FTSE MEXICO ETF (FLMX) Stock Technical Analysis
USA - NYSEARCA:FLMX - US35473P7362 - ETF
32.35 USD
+0.14 (+0.43%)
We assign a technical rating of 8 out of 10 to FLMX. Although FLMX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: FLMX has an average volume of 14849 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
FLMX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FLMX has a been trading in the 29.61 - 32.46 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, FLMX outperforms 69% of them, which is more or less in line with the market.
Although FLMX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
22.77
32.67
6 important support areas can be observed.
- A support zone ranging from 30.76 to 31.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.08 to 30.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.39 to 28.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.51 from a trend line in the weekly time frame.
- Support @24.76 from a trend line in the daily time frame.
- Support @23.00 from a horizontal line in the daily time frame.
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 FLMX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLMX is up. |
| ChartMill Relative Strength | 69.85 | NEUTRAL | FLMX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLMX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLMX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLMX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.06 | OVERBOUGHT | The high RSI value suggests FLMX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests FLMX has a positive trend. |
| Stochastics (14,3) | 94.1 | OVERBOUGHT | The high Stochastics value suggests FLMX may be overbought. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for FLMX suggests low volalility. |
| Average Directional Index/ADX (14) | 15.64 | NEGATIVE | The low ADX value for FLMX 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:FLMX (9/12/2025, 8:04:00 PM)
32.35
+0.14 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.43%
1 Week3.35%
2 Weeks5.58%
1 Month8.32%
3 Month7.43%
6 Month25.92%
12 Month19.73%
2 Year12.14%
3 Year46.27%
5 Year95.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%1.27%
ATR Inc33.22%
Range Today0.27
ADR(20)0.38
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.85
Mansfield0.78
10 Day High32.46
10 Day Low30.02
20 Day High32.46
20 Day Low29.61
52 Week High32.46
52 Week Low22.86
CS1 End31.3
CR1 StartN/A
Volume & EV
DER(3)3.92%
DER(5)0.4%
Volume11.60K
Volume Incr2.6%
Vol(5)12.97K
Vol(50)14.85K