Franklin ETFs Weekly Feature | Nasdaq Dorsey Wright

Franklin ETFs Weekly Feature

Published: March 5, 2026

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

There was no change to the Franklin international equity rotation model this week, so we look at the Franklin FTSE Mexico ETF (FLMX).

There was no change to the Franklin international equity rotation model this week.

International equities have put together an extremely strong year and a half, but most areas within the asset class saw large pullbacks over the last week. One such area that pulled back was Mexico. The Franklin FTSE Mexico ETF (FLMX) moved to a sell signal with a break of a double bottom at $36.50, ending its streak of four consecutive buy signals. However, the stock’s long-term picture remains solid, and it also reversed back into a column of Xs. FLMX still holds an extremely strong fund score of 5.91, which is 0.98 points higher than the average emerging market equity fund. Looking at the trend chart for FLMX, the fund and has traded in a positive trend since April of last year. The fund also holds both near- and long-term relative strength versus domestic equities with it sitting in a column of Xs and an RS buy signal on its RS chart versus the S&P 500 Equal Weight (SPXEWI). From here, initial support lies at $36 then $32.50.

Back to report

DISCLOSURE

Franklin Templeton Distributors has arranged with Dorsey Wright to provide this specialized ETF model which holds the Franklin LibertyShares ETFs. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included therein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including Franklin LibertyShares ETF shares. Neither Franklin Templeton Distributors nor Dorsey Wright through this ETF page provide investment advice or recommendations regarding any security, fund or market. The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or Franklin Templeton Distributors. If you are not familiar with the Point & Figure methodology, we suggest you read “Point & Figure Charting, 4th Edition” by Thomas J. Dorsey. If you are not familiar with the Franklin LibertyShares ETF product, or Exchange Traded Funds (ETFs), we suggest you visit www.libertyshares.com. The relative strength strategy is NOT a guarantee. There may be times where all investments and strategies are unfavorable and depreciate in value. Relative strength is not predictive and there is no assurance that forecasts based on relative strength can be relied upon.