Franklin FTSE Japan ETF (FLJP)

Franklin FTSE Japan ETF is trading at $39.99, down 0.72% on the session. The 50 day average sits at $41.23 and the 200 day at $38.98, which puts the stock in a uptrend. RSI is at 39.7, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $40.15 with resistance near $41.31, so that band frames the current range. Average daily movement is roughly $0.52, or about 1.3% of the share price, which is what any stop placement has to allow for. The overall health score of 61 out of 100 combines a trend score of 73, momentum of 30 and a risk score of 84.

Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Japan Capped Index and in depositary receipts representing such securities. The FTSE Japan Capped Index is based on the FTSE Japan Index and is designed to measure the performance of Japanese large- and mid-capitalization stocks. The fund is non-diversified.