US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 dayBearish62%
Daily Downside probability 62%Bearish

FLEX 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $117.36 and stabilize above resistance $135.67.

Invalidation Trigger

Break above $135.67 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 45.9, MACD 0.057

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $4.94 (4.29%)

Daily

EMA Structure

Bearish
EMA 8$114.01Bullish
EMA 21$117.36Bearish
EMA 50$122.02Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.9 · MACD 0.057

Neutral zone

Strength
Range
Volatility
ATR $4.94 · BB 22.78%

Medium volatility

Strength
Range
Volume
MFI 48.2 · OBV 1.94%

Relative to 20-period average volume

Strength
Range
Price Levels
$99.5 - $135.67

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+21.95% · 5.1 ATR above latest close

$140.61
Nearest resistance

+17.67% · 4.1 ATR above · 34-bar high

$135.67
Current price

Price shown is delayed

$115.3
Nearest support

-13.7% · 3.2 ATR below · 34-bar low

$99.5
Deeper support zone

-17.99% · 4.2 ATR below latest close

$94.56
ATR zone

Latest close ± ATR14

$110.36 - $120.24

Indicators

Trend

Dow Theory Structure

Confirmation $107.16, invalidation $128.76

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

Trend strength is moderate

18.1 / 27.0 / 30.5Bearish
Supertrend (10,3)

Price is above Supertrend

$100.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.92 / $132.69Bearish
Donchian Channel (20)

20-period breakout channel position

35%Range

Volatility

ATR (14)

Medium volatility

$4.94 (4.29%)Range
Bollinger Bands (20,2)

Width 22.78%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$126.59 / $107.6Range
ATR channel lower / upper

Current Volatility Envelope

$110.36 / $120.24Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.67Range
Support

Nearest Downside Decision Level

$99.5Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is positive

0.057Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.1 / 30.1Bullish
Williams %R (14)

Neutral zone

-64.9Range
CCI (20)

Balanced zone

-41.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.2Range
OBV slope

20-period OBV slope

1.94%Bullish
Volume ratio

Relative to 20-period average volume

1.25xBullish

Trend

Dow Theory Structure

Confirmation $107.16, invalidation $128.76

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

Trend strength is moderate

18.1 / 27.0 / 30.5Bearish
Supertrend (10,3)

Price is above Supertrend

$100.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.92 / $132.69Bearish
Donchian Channel (20)

20-period breakout channel position

35%Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is positive

0.057Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.1 / 30.1Bullish
Williams %R (14)

Neutral zone

-64.9Range
CCI (20)

Balanced zone

-41.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$4.94 (4.29%)Range
Bollinger Bands (20,2)

Width 22.78%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$126.59 / $107.6Range
ATR channel lower / upper

Current Volatility Envelope

$110.36 / $120.24Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.2Range
OBV slope

20-period OBV slope

1.94%Bullish
Volume ratio

Relative to 20-period average volume

1.25xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.67Range
Support

Nearest Downside Decision Level

$99.5Range

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