FIRST TRUST LATIN AMERICA (FLN) Stock Technical Analysis
NASDAQ:FLN - Nasdaq - US33737J1253 - ETF - Currency: USD
Taking everything into account, FLN scores 7 out of 10 in our technical rating. Although FLN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: FLN has an average volume of 8166 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
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 18.51 - 20.14 range, which is quite wide. It is currently trading near the high of this range.
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 54% of all stocks.
Considerably lower volume is observed in the last couple of days.
Although FLN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.25
21.00
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.30 to 19.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.53 to 18.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.42 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.33 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 | UP | POSITIVE | The short term trend for FLN is up. |
| ChartMill Relative Strength | 54.35 | NEUTRAL | FLN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLN is above the rising 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) | 64.4 | NEUTRAL | The RSI value for FLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests FLN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.24 | OVERBOUGHT | The high Stochastics value suggests FLN may be overbought. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for FLN suggests low volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for FLN 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)
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 |
|---|---|---|---|
| 20.37 | 19.06 | 1.31 (6.43%) | 15.55% |
| An entry @20.37. This is a Buy Stop order right above the resistance zone. | An exit @19.06. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.31 points, which is 6.43%. | For a 1.00% total portfolio risk, you can invest 15.55% of your capital in this trade. |
- 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 (8/15/2025, 8:21:13 PM)
20.005
+0.05 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.25%
1 Week0.48%
2 Weeks5.57%
1 Month5.22%
3 Month4.79%
6 Month15.3%
12 Month5.79%
2 Year3.54%
3 Year16.04%
5 Year27.76%
10 Year40.29%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.19%
ATR Inc-1.11%
Range Today0.24
ADR(20)0.21
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.35
Mansfield0.26
10 Day High20.14
10 Day Low19.07
20 Day High20.14
20 Day Low18.51
52 Week High21.39
52 Week Low15.03
CS1 End19.87
CR1 Start20.33
Volume & EV
DER(3)-2.41%
DER(5)-1.44%
Volume4.50K
Volume Incr-77.9%
Vol(5)3.06K
Vol(50)8.17K