(FLEU) Technical data

July 6, 2024, 11:54 PM ET, BY Jolene W. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Long-term trading plans for FLEU

• Buy FLEU slightly above 24.43, target 25.76 stop loss @ 24.36 Details

The technical summary data tells us to buy FLEU near 24.43 with an upside target of 25.76. This data also tells us to set a stop loss at 24.36 to protect against excessive loss in case the stock starts to move against the trade. 24.43 is the first support level below 25.745, and as a rule, any test of support is a buy signal. In this case, support 24.43 would be tested, so there would be a buy signal.

• Short FLEU just below 25.76, target 24.43, stop loss @ 25.83 Details

The technical summary data suggests a short of FLEU as it is approaching 25.76 with a downside target of 24.43. However, we should have a stop loss at 25.83. 25.76 is the first resistance level above 25.745 and as per the rule, any test of resistance is a short signal. In this case, if resistance 25.76 is tested, there would be a short signal.

Swing Trading Plans for FLEU

• Buy FLEU slightly above 25.76, target 27.02, stop loss @ 25.69 Details

If 25.76 starts to rise, the technical summary data tells us to buy FLEU just above 25.76, with an upside target of 27.02. The data also tells us to set a stop loss at 25.69 in case the stock turns against the trade. 25.76 is the first resistance level above 25.745, and as a rule, any break above resistance is a buy signal. In this case, 25.76, the initial resistance, would rise, so there would be a buy signal. Because this plan is based on a break above resistance, it is called a Long Resistance Plan.

• Buy FLEU short, something around 25.76, target price 25.37, stop loss at 25.83. Details

The technical summary data suggests a short of FLEU if it tests 25.76 with a downside target of 25.37. However, we should have a stop loss at 25.83 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 25.76, is tested. Since this plan is a short plan based on a test of resistance, it is called a Short Resistance Plan.

Day Trading Plans for FLEU

• Buy FLEU slightly above 25.76, target 27.02, stop loss @ 25.7 Details

If 25.76 starts to rise, the technical summary data tells us to buy FLEU just above 25.76, with an upside target of 27.02. The data also tells us to set a stop loss at 25.7 in case the stock turns against the trade. 25.76 is the first resistance level above 25.745, and as a rule, any break above resistance is a buy signal. In this case, 25.76, the initial resistance, would rise, so there would be a buy signal. Because this plan is based on a break above resistance, it is called a Long Resistance Plan.

• Buy FLEU short, something around 25.76, target price 25.4, stop loss at 25.82. Details

The technical summary data suggests a short of FLEU if it tests 25.76 with a downside target of 25.4. However, we should have a stop loss at 25.82 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 25.76, is tested. Since this plan is a short plan based on a test of resistance, it is called a Short Resistance Plan.

Check the timestamp on this data. Updated AI-generated signals for Franklin Ftse Eurozone Etf (FLEU) available here: WING.

FLEU Reviews for July 6:

Term →	Near	Middle	Long
Judgement	Strong	Neutral	Strong
P1	0	0	24.43
P2	25.16	25.03	25.76
P3	25.4	25.37	27.02

AI generated signals for FLEU

Blue = Current price
Red = Resistance
Green = Support

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This report is produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to identify the most appropriate trading strategies for both individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The purpose of this particular report is to help you trade in Franklin Ftse Eurozone Etf (NASDAQ: FLEU) and applies careful risk management.

Warning:

This is a static report, the data below was valid at the time of publication, but support and resistance levels for FLEU change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools and market crash protection through Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if FLEU tests support buy signals surface, resistance is the target. Conversely, if resistance is tested, that is a sign to control risk or short, and support would accordingly be the downside target. In any case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it also acts as a level of risk control.

Swing trades, day trades and long-term trading plans:

This data is refined to distinguish Day Trading, Swing Trading and Long Term Investing plans for FLEU. All of these are provided below the summary table.

Fundamental charts for FLEU: