FRK FTSE BRAZIL UCITS ETF (FLXB.MI) Stock Technical Analysis
Europe - BIT:FLXB - IE00BHZRQY00 - ETF
We assign a technical rating of 9 out of 10 to FLXB. FLXB has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although FLXB has an excellent technical rating, it does not offer a high 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
18.96
When analyzing the support we can see 5 important areas.
- Support @23.87 from a trend line in the daily time frame.
- A support zone ranging from 22.45 to 22.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.73 to 20.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.71 from a horizontal line in the daily time frame.
- Support @19.15 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.96 to 23.98. 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 FLXB.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLXB.MI is up. |
| ChartMill Relative Strength | 85.16 | POSITIVE | FLXB.MI has a high relative strength, it outperformed 85.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLXB.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLXB.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59.55 | NEUTRAL | The RSI value for FLXB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FLXB.MI has a positive trend. |
| Stochastics (14,3) | 65.56 | NEUTRAL | The Stochastics value for FLXB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for FLXB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for FLXB.MI suggests a weak or negative trend. |
BIT:FLXB (10/24/2025, 7:00:00 PM)
23.885
+0.89 (+3.87%)
FRK FTSE BRAZIL UCITS ETF / FLXB.MI FAQ
What is the technical rating for FLXB stock?
ChartMill assigns a technical rating of 9 / 10 to FLXB.MI.
What is the trend direction for FLXB stock?
The current trend direction for FRK FTSE BRAZIL UCITS ETF (FLXB.MI) is Bullish.
What is the RSI signal for FRK FTSE BRAZIL UCITS ETF (FLXB.MI) stock?
FRK FTSE BRAZIL UCITS ETF (FLXB.MI) has an RSI value of 59.5539. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FRK FTSE BRAZIL UCITS ETF?
The MACD indicator for FRK FTSE BRAZIL UCITS ETF (FLXB.MI) has a value of 0.0593239, indicating a bearish trend.
What is the support and resistance level for FLXB stock?
FRK FTSE BRAZIL UCITS ETF (FLXB.MI) has a support level at 23.87 and a resistance level at 23.96. Check the full technical report for our detailed analysis of FLXB.MI support and resistance levels.