FIRST TRUST LATIN AMERICA (FLN) Stock Technical Analysis
NASDAQ:FLN - Nasdaq - US33737J1253 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to FLN. FLN 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.
In the last month FLN has a been trading in the 18.88 - 20.33 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FLN has an average volume of 7726 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, FLN turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
FLN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLN is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, FLN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.08, a Stop Loss order could be placed below this zone.
More info and screens
17.02
21.00
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.91 to 19.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.53 from a horizontal line in the daily time frame.
- Support @17.19 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 19.10 to 19.47. 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 20.34 to 20.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.79 from a horizontal line in the weekly 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 FLN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLN is down. |
| ChartMill Relative Strength | 48.43 | NEUTRAL | FLN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.08 | NEUTRAL | The RSI value for FLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FLN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.31 | NEUTRAL | The Stochastics value for FLN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for FLN suggests low volalility. |
| Average Directional Index/ADX (14) | 20.77 | NEUTRAL | The ADX value for FLN suggests a possible start of a new 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)
NASDAQ:FLN (7/25/2025, 8:00:00 PM)
19.0893
-0.08 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.39%
1 Week0.41%
2 Weeks-1.14%
1 Month-2.21%
3 Month2.59%
6 Month17.69%
12 Month6.64%
2 Year-4.82%
3 Year10.41%
5 Year15.87%
10 Year18.64%
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%1.54%
ATR Inc-52.6%
Range Today0.11
ADR(20)0.25
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.43
Mansfield-0.16
10 Day High19.35
10 Day Low18.88
20 Day High20.33
20 Day Low18.88
52 Week High21.39
52 Week Low15.03
CS1 End19.08
CR1 Start19.1
Volume & EV
DER(3)-0.07%
DER(5)-1.14%
Volume3.00K
Volume Incr-61.32%
Vol(5)4.80K
Vol(50)7.73K