FLIN Stock Summary and Trading Ideas (Franklin FTSE India ETF | ARCA:FLIN)

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

Franklin FTSE India ETF trades on the ARCA stock market under the symbol FLIN.

As of May 13, 2024, FLIN stock price climbed to $37.05 with 42,525 million shares trading.

FLIN has a beta of 0.47, meaning it tends to be less sensitive to market movements. FLIN has a correlation of 0.26 to the broad based SPY ETF.

FLIN has a market cap of $1.03 billion. This is considered a Small Cap stock.

In the last 3 years, FLIN stock traded as high as $38.06 and as low as $26.82.

FLIN has outperformed the market in the last year with a return of +27.9%, while the SPY ETF gained +27.8%. However, in the most recent history, FLIN shares have underperformed the stock market with its stock returning +1.9% in the last 3 month period and -1.3% for the last 2 week period, while SPY has returned +4.3% and +2.5%, respectively.

FLIN support price is $36.56 and resistance is $37.02 (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 FLIN stock will trade within this expected range on the day.