FIRST TRUST LATIN AMERICA (FLN) Stock Technical Analysis
USA - NASDAQ:FLN - US33737J1253 - ETF
20.825 USD
-0.18 (-0.86%)
Taking everything into account, FLN scores 7 out of 10 in our technical rating. In the last year, FLN was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: FLN has an average volume of 6237 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that FLN is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by FLN over the past year are nicely spread over this period.
FLN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FLN is lagging the market slightly.
In the last month FLN has a been trading in the 19.87 - 21.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, FLN also presents 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 20.76, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.60
21.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.42 to 20.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.72 from a horizontal line in the daily time frame.
- A support zone ranging from 18.79 to 18.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @21.71 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 FLN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLN is neutral. |
| ChartMill Relative Strength | 77.67 | POSITIVE | FLN has a high relative strength, it outperformed 77.67% off all stocks 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) | UP | POSITIVE | The current price of FLN is above the rising 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) | 49.86 | NEUTRAL | The RSI value for FLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FLN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.75 | NEUTRAL | The Stochastics value for FLN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for FLN suggests low volalility. |
| Average Directional Index/ADX (14) | 25.11 | POSITIVE | The high ADX value value for FLN suggests a strong 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)
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 |
|---|---|---|---|
| 21.19 | 20.41 | 0.78 (3.67%) | 25.00% |
| An entry @21.19. This is a Buy Stop order right above the 10 day high. | An exit @20.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.78 points, which is 3.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%. |
- 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.
NASDAQ:FLN (10/21/2025, 4:19:13 PM)
20.825
-0.18 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.86%
1 Week1.81%
2 Weeks0.8%
1 Month-4.1%
3 Month9.09%
6 Month11.92%
12 Month21.64%
2 Year19.82%
3 Year21.36%
5 Year40.87%
10 Year49.5%
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%1.52%
ATR Inc-7.16%
Range Today0.16
ADR(20)0.25
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.67
Mansfield0.24
10 Day High21.18
10 Day Low20.06
20 Day High21.7
20 Day Low19.87
52 Week High21.72
52 Week Low15.03
CS1 End20.76
CR1 Start21.71
Volume & EV
DER(3)-0.4%
DER(5)-1.53%
Volume11.80K
Volume Incr1446.39%
Vol(5)38.66K
Vol(50)6.24K