Franklin FTSE South Korea ETF (FLKR)

Franklin FTSE South Korea ETF is trading at $56.69, down 6.91% on the session. The 50 day average sits at $58.97 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 56.7, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $56.22 with resistance near $70.31, so that band frames the current range. Average daily movement is roughly $2.75, or about 4.9% of the share price, which is what any stop placement has to allow for. The overall health score of 59 out of 100 combines a trend score of 52, momentum of 85 and a risk score of 34.

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