FLAX Stock Summary and Trading Ideas (Franklin FTSE Asia Ex Japan ETF | ARCA:FLAX)

Franklin FTSE Asia ex Japan ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Asian ex Japan Capped Index. FTSE Asia ex Japan Capped Index is a market-capitalization weighted index representing the performance of Asian large and mid capitalization stocks.

Franklin FTSE Asia Ex Japan ETF trades on the ARCA stock market under the symbol FLAX.

As of March 5, 2025, FLAX stock price climbed to $23.96 with 9,331 million shares trading.

FLAX has a market cap of $28.75 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, FLAX traded as high as $25.96 and as low as $17.50.

FLAX has outperformed the market in the last year with a price return of +15.2% while the SPY ETF gained +15.2%. FLAX has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +3.4% and +0.5%, respectively, while the SPY returned -3.7% and -4.6%, respectively.

FLAX support price is $22.94 and resistance is $23.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLAX shares will trade within this expected range on the day.