The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE/JSE South Africa RIC Capped Index.
Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the FTSE South Africa Index and is designed to measure the performance of South African large- and mid-capitalization stocks. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index is concentrated. It is non-diversified.
Stock Price Prediction
Update at 5:00pm EST
22.905 - 23.092
23.092 - 23.217
22.385 - 22.595
22.595 - 22.736
22.497 - 22.82
22.82 - 23.036
as of: 2020-02-24 4:43:30 PM
Stoxline posted a SELL today, upgraded from strong sell. Downward movement continues, but could change at any time.
Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.FLZA has closed below the lower band by 22.8%. If price is in a downtrend band; this downward trend in price might continue. However a short term pullback inside the band is likely. Bollinger Bands are 20.3% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.
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