We assign a technical rating of 4 out of 10 to FTPA. FTPA 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.
Although the technical rating is only medium, FTPA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.66, a Stop Loss order could be placed below this zone.
8.51
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 FTPA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTPA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FTPA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTPA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 55.17 | NEUTRAL | The RSI value for FTPA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests FTPA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.16 | NEUTRAL | The Stochastics value for FTPA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for FTPA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.55 | NEUTRAL | The ADX value for FTPA suggests a possible start of a new trend. |
NYSEARCA:FTPA (1/12/2026, 6:40:00 PM)
8.6632
-0.03 (-0.31%)
ChartMill assigns a technical rating of 4 / 10 to FTPA.
The current trend direction for FRANKLIN PENNSYLVANIA MI ETF (FTPA) is Bullish.
FRANKLIN PENNSYLVANIA MI ETF (FTPA) has an RSI value of 55.1659. This indicates that the stock is currently neutral.
The MACD indicator for FRANKLIN PENNSYLVANIA MI ETF (FTPA) has a value of -0.136313, indicating a bearish trend.
The short term momentum for FRANKLIN PENNSYLVANIA MI ETF (FTPA) is positive.