FRK FTSE ASIA XCH XJP ETF (FLQA.MI) Stock Technical Analysis
BIT:FLQA - Euronext Milan - IE00BFWXDV39 - ETF - Currency: EUR
Taking everything into account, FLQA scores 4 out of 10 in our technical rating. In the last year, FLQA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, FLQA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.53. Right above this resistance zone may be a good entry point.
More info and screens
20.97
We found 1 important support area.
- A support zone ranging from 21.18 to 21.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.53 to 23.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FLQA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLQA.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FLQA.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FLQA.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLQA.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.51 | NEUTRAL | The RSI value for FLQA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests FLQA.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.26 | NEUTRAL | The Stochastics value for FLQA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for FLQA.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.16 | NEGATIVE | The low ADX value for FLQA.MI suggests a weak or negative trend. |
BIT:FLQA (6/12/2025, 12:04:03 PM)
22.8
+0.38 (+1.69%)