US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 dayBearish87%
Daily Downside probability 87%Bearish

FLEX 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $135.69 and stabilize above resistance $166.86.

Invalidation Trigger

Break above $166.86 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 36.7, MACD -3.314

Daily
Volatility EnvironmentBearish
High volatility

ATR is $9.44 (7.92%)

Daily

EMA Structure

Range
EMA 8$127.16Bearish
EMA 21$135.69Bearish
EMA 50$132.39Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.7 · MACD -3.314

Momentum is weak

Strength
Bearish
Volatility
ATR $9.44 · BB 38.33%

High volatility

Strength
Bearish
Volume
MFI 28.4 · OBV -6.05%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$111.38 - $166.86

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+47.84% · 6.0 ATR above latest close

$176.3
Nearest resistance

+39.92% · 5.0 ATR above · 34-bar high

$166.86
Current price

Price shown is delayed

$119.25
Nearest support

-6.6% · 0.8 ATR below · 34-bar low

$111.38
Deeper support zone

-14.52% · 1.8 ATR below latest close

$101.93
ATR zone

Latest close ± ATR14

$109.81 - $128.69

Indicators

Trend

Dow Theory Structure

Confirmation $125.32, invalidation $145.41

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

31.3 / 12.7 / 47.2Bearish
Supertrend (10,3)

Price is above Supertrend

$89.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$133.51 / $129.75Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

High volatility

$9.44 (7.92%)Bearish
Bollinger Bands (20,2)

Width 38.33%

10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$152.81 / $117.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$109.81 / $128.69Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.86Range
Support

Nearest Downside Decision Level

$111.38Range

Momentum

RSI (14)

Momentum is weak

36.7Bearish
MACD (12,26,9)

Histogram is negative

-3.314Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 8.7Bullish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Weak expansion

-138.5Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.4Bearish
OBV slope

20-period OBV slope

-6.05%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Trend

Dow Theory Structure

Confirmation $125.32, invalidation $145.41

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

31.3 / 12.7 / 47.2Bearish
Supertrend (10,3)

Price is above Supertrend

$89.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$133.51 / $129.75Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

36.7Bearish
MACD (12,26,9)

Histogram is negative

-3.314Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 8.7Bullish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Weak expansion

-138.5Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$9.44 (7.92%)Bearish
Bollinger Bands (20,2)

Width 38.33%

10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$152.81 / $117.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$109.81 / $128.69Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

28.4Bearish
OBV slope

20-period OBV slope

-6.05%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.86Range
Support

Nearest Downside Decision Level

$111.38Range

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