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FRK FTSE KOREA UCITS ETF (FLXK.AS) Stock Technical Analysis

AMS:FLXK - Euronext Amsterdam - IE00BHZRR030 - ETF - Currency: EUR

28.29  -0.31 (-1.08%)

Technical Rating and Analysis

6

Overall FLXK gets a technical rating of 6 out of 10. FLXK has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

72% of all other stocks performed better in the past year than FLXK.
Warning: FLXK has an average volume of 1416 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month FLXK has a been trading in the 25.03 - 28.90 range, which is quite wide. It is currently trading near the high of this range.
FLXK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FLXK is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FRK FTSE KOREA UCITS ETF / FLXK Weekly stock chart
FRK FTSE KOREA UCITS ETF / FLXK Daily stock chart
Setup Rating and Analysis

3

FLXK has an average technical rating and it also 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.

Support and Resistance Analysis

24.07

32.25

We found 3 important support areas.

  • A support zone ranging from 27.86 to 28.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 26.89 to 27.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @24.31 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 28.79 to 29.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @31.93 from a trend line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for FLXK.AS is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for FLXK.AS is up.
ChartMill Relative Strength28.25NEGATIVEFLXK.AS has a low relative strength, it was outperformed by 71.75% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of FLXK.AS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of FLXK.AS is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of FLXK.AS is below a declining SMA(200).
Relative Strength Index/RSI (14)61.49NEUTRALThe RSI value for FLXK.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.16POSITIVEThe MACD value suggests FLXK.AS has a positive trend, although the MACD value is declining.
Stochastics (14,3)85.24OVERBOUGHTThe high Stochastics value suggests FLXK.AS may be overbought.
Average True Range in percent/ATR (20)1.39LOW VOLATILITYThe low ATR as a percentage value for FLXK.AS suggests low volalility.
Average Directional Index/ADX (14)22.78NEUTRALThe ADX value for FLXK.AS suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
FRK FTSE KOREA UCITS ETF / FLXK Daily stock chart

FRK FTSE KOREA UCITS ETF

AMS:FLXK (6/2/2025, 7:00:00 PM)

28.29

-0.31 (-1.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.08%
1 Week1.65%
2 Weeks2.76%
1 Month11.69%
3 Month3.93%
6 Month-0.07%
12 Month-10.3%
2 Year-7.22%
3 Year0.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%1.39%
ATR Inc-1.9%
Range Today0
ADR(20)0.11
ADR(20)%0.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.25
Mansfield-0.6
10 Day High28.9
10 Day Low27.33
20 Day High28.9
20 Day Low25.03
52 Week High33.46
52 Week Low23.65
CS1 End28.17
CR1 Start28.79
Volume & EV
DER(3)0%
DER(5)0%
Volume17
Volume Incr-57.29%
Vol(5)539
Vol(50)1.42K