FLLA Franklin FTSE Latin America ETF Forecast, Technical & Fundamental Analysis
FLLA's RSI Oscillator recovers from oversold territory
The RSI Oscillator for FLLA moved out of oversold territory on December 03, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 27 similar instances when the indicator left oversold territory. In of the 27 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FLLA advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .
FLLA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FLLA as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for FLLA turned negative on December 17, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FLLA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for FLLA entered a downward trend on December 10, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category LatinAmericaStock
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GIDUX | 7.00 | N/A | N/A |
| Goldman Sachs Intl Eq Div & Prem R6 | |||
| FSIRX | 8.56 | -0.02 | -0.23% |
| Fidelity Advisor Strategic Real Ret I | |||
| MUIGX | 17.28 | -0.06 | -0.35% |
| Nationwide BNY Mellon Dyn US Core R6 | |||
| SVBCX | 30.03 | -0.13 | -0.43% |
| JHancock Balanced C | |||
| DCXAX | 8.95 | -0.08 | -0.89% |
| Catalyst/Millburn Dynamic Cmdty Stgy A | |||
FLLA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FLLA has been closely correlated with ILF. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if FLLA jumps, then ILF could also see price increases.
| Ticker / NAME | Correlation To FLLA | 1D Price Change % | ||
|---|---|---|---|---|
| FLLA | 100% | +0.71% | ||
| ILF - FLLA | 89% Closely correlated | +0.43% | ||
| EWZ - FLLA | 86% Closely correlated | +1.66% | ||
| FLBR - FLLA | 84% Closely correlated | +1.28% | ||
| FLN - FLLA | 81% Closely correlated | +0.19% | ||
| EWZS - FLLA | 80% Closely correlated | +1.46% | ||
More | ||||