NASDAQ:FLN - Nasdaq - US33737J1253 - ETF - Currency: USD
Taking everything into account, FLN scores 3 out of 10 in our technical rating. 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.
FLN has a bad technical rating, but it does show a decent setup pattern. 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.
17.02
3 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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. |
NASDAQ:FLN (7/25/2025, 8:00:00 PM)
19.0893
-0.08 (-0.39%)