FRANKLIN LIBERTYQ EMERGING (FLQE) Stock Technical Analysis
USA - NYSEARCA:FLQE - US35473P2074 - ETF
23.8238 USD
-0.09 (-0.36%)
Taking everything into account, FLQE scores 0 out of 10 in our technical rating. FLQE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
73% of all other stocks performed better in the past year than FLQE.
FLQE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: FLQE has an average volume of 1082 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month FLQE has a been trading in a tight range between 22.82 and 23.91.
Volume is considerably higher in the last couple of days.
The technical rating of FLQE is bad and it also does not present a quality setup 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
22.58
31.85
We found 1 important support area.
- A support zone ranging from 22.81 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.83 to 24.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.78 from a trend line in the weekly time frame.
- A resistance zone ranging from 31.50 to 31.53. 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 | DOWN | NEGATIVE | The long term trend for FLQE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLQE is neutral. |
| ChartMill Relative Strength | 27.05 | NEGATIVE | FLQE has a low relative strength, it was outperformed by 72.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FLQE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLQE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLQE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.75 | NEUTRAL | The RSI value for FLQE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests FLQE has a positive trend. |
| Stochastics (14,3) | 97.37 | OVERBOUGHT | The high Stochastics value suggests FLQE may be overbought. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for FLQE suggests low volalility. |
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)
NYSEARCA:FLQE (7/29/2022, 8:04:00 PM)
23.8238
-0.09 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.36%
1 Week1.99%
2 Weeks3.97%
1 Month-0.07%
3 Month-9.73%
6 Month-19.5%
12 Month-21.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.97%
ATR Inc-40.65%
Range Today0.14
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.05
Mansfield-1.19
10 Day High23.91
10 Day Low23.1
20 Day High23.91
20 Day Low22.82
52 Week High31.53
52 Week Low22.82
CS1 End22.91
CR1 Start23.83
Volume & EV
DER(3)0.72%
DER(5)0.43%
Volume5.80K
Volume Incr50%
Vol(5)2.04K
Vol(50)1.08K