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FLXBFranklin FTSE Brazil UCITS ETF

LondonWeekly chart
Range low retest · week of 17 May 2020

FLXB slipped below its $23.79 – $28.28 range and came back to test the low in the week of 17 May 2020.

Range low
$23.79
support
Range high
$28.28
19% above the low
In the range since
Jul 2019
6 yr 8 mo
Close in retest week
$15.22
36% below the range low
    What is a range retest, and how do I read the chart?

    A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

    On the chart, each candle is one week. The purple lines are the range the signal came from, and the green Retest label marks the week RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

    Weekly chart

    Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.

    Sideways range history

    RangeStartedEndedOutcomeRetests (week of)
    7 Jul 201922 Feb 2026 · 6 yr 8 moBroke above the range at $38.1517 May 2020

    Retest signals

    • Week of 17 May 2020 · 10 mo into the range

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    Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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