FRANKLIN GLOBAL QUALITY DIVI (FLXX.MI) Stock Technical Analysis
Europe - BIT:FLXX - IE00BF2B0M76 - ETF
We assign a technical rating of 3 out of 10 to FLXX. In the last year, FLXX was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is bad, FLXX 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 33.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.84, a Stop Loss order could be placed below this zone.
More info and screens
29.88
2 important support areas can be observed.
- A support zone ranging from 31.95 to 32.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.18 to 30.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 33.36 to 33.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 35.47 to 35.88. 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 FLXX.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLXX.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | FLXX.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 FLXX.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLXX.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.13 | NEUTRAL | The RSI value for FLXX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests FLXX.MI has a positive trend. |
| Stochastics (14,3) | 73.12 | NEUTRAL | The Stochastics value for FLXX.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for FLXX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.39 | NEGATIVE | The low ADX value for FLXX.MI suggests a weak or negative trend. |
BIT:FLXX (9/5/2025, 7:00:00 PM)
33.135
+0.08 (+0.24%)