US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 dayBearish69%
Daily Downside probability 69%Bearish

FLEX 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $147.11 and stabilize above resistance $166.78.

Invalidation Trigger

Break above $166.78 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 51.8, MACD -1.702

Daily
Volatility EnvironmentBearish
High volatility

ATR is $10.25 (7%)

Daily

EMA Structure

Bullish
EMA 8$150.1Bearish
EMA 21$147.11Bearish
EMA 50$131.13Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.8 · MACD -1.702

Neutral zone

Strength
Bearish
Volatility
ATR $10.25 · BB 15.27%

High volatility

Strength
Bearish
Volume
MFI 42.3 · OBV -12.34%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$121.53 - $166.78

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+20.89% · 3.0 ATR above latest close

$177.03
Nearest resistance

+13.89% · 2.0 ATR above · 34-bar high

$166.78
Current price

Price shown is delayed

$146.45
Nearest support

-17.02% · 2.4 ATR below · 34-bar low

$121.53
Deeper support zone

-24.02% · 3.4 ATR below latest close

$111.27
ATR zone

Latest close ± ATR14

$136.19 - $156.7

Indicators

Trend

Dow Theory Structure

Confirmation $165.67, invalidation $141.35

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

24.0 / 13.7 / 26.0Bearish
Supertrend (10,3)

Price is above Supertrend

$122.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$150.66 / $121.62Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Volatility

ATR (14)

High volatility

$10.25 (7%)Bearish
Bollinger Bands (20,2)

Width 15.27%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$167.4 / $127.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$136.19 / $156.7Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.78Range
Support

Nearest Downside Decision Level

$121.53Range

Momentum

RSI (14)

Neutral zone

51.8Range
MACD (12,26,9)

Histogram is negative

-1.702Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.8 / 49.6Bearish
Williams %R (14)

Neutral zone

-69.2Range
CCI (20)

Balanced zone

-13.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.3Bearish
OBV slope

20-period OBV slope

-12.34%Bearish
Volume ratio

Relative to 20-period average volume

1.34xBullish

Trend

Dow Theory Structure

Confirmation $165.67, invalidation $141.35

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

24.0 / 13.7 / 26.0Bearish
Supertrend (10,3)

Price is above Supertrend

$122.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$150.66 / $121.62Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Momentum

RSI (14)

Neutral zone

51.8Range
MACD (12,26,9)

Histogram is negative

-1.702Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.8 / 49.6Bearish
Williams %R (14)

Neutral zone

-69.2Range
CCI (20)

Balanced zone

-13.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$10.25 (7%)Bearish
Bollinger Bands (20,2)

Width 15.27%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$167.4 / $127.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$136.19 / $156.7Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.3Bearish
OBV slope

20-period OBV slope

-12.34%Bearish
Volume ratio

Relative to 20-period average volume

1.34xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.78Range
Support

Nearest Downside Decision Level

$121.53Range

Related Forecasts