FLSA Stock Summary and Trading Ideas (Franklin FTSE Saudi Arabia ETF | ARCA:FLSA)

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

Franklin FTSE Saudi Arabia ETF trades on the ARCA stock market under the symbol FLSA.

As of April 24, 2024, FLSA stock price declined to $37.03 with 369 million shares trading.

FLSA has a market cap of $18.52 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, FLSA stock traded as high as $44.26 and as low as $31.16.

FLSA has underperformed the market in the last year with a price return of +8.0% while the SPY ETF gained +24.1%. FLSA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning 0.0% and -4.0%, respectively, while the SPY returned +4.5% and -1.7%, respectively.

FLSA support price is $37.22 and resistance is $37.99 (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 FLSA stock will trade within this expected range on the day.