FRK FTSE CHINA UCITS ETF (FLXC.AS) Stock Technical Analysis
AMS:FLXC - Euronext Amsterdam - IE00BHZRR147 - ETF - Currency: EUR
Taking everything into account, FLXC scores 3 out of 10 in our technical rating. Although FLXC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, FLXC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.55, a Stop Loss order could be placed below this zone.
More info and screens
20.48
2 important support areas can be observed.
- A support zone ranging from 21.89 to 22.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.69 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.71 to 24.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.06 from a horizontal line in the weekly time frame.
- Resistance @27.80 from a horizontal line in the daily time frame.
AMS:FLXC (4/25/2025, 7:00:00 PM)
23.7
-0.08 (-0.34%)