US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 dayBearish62%
Daily Downside probability 62%Bearish

FLEX 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $123.08 and stabilize above resistance $165.89.

Invalidation Trigger

Break above $165.89 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 47.5, MACD 1.226

Daily
Volatility EnvironmentBearish
High volatility

ATR is $9.25 (7.62%)

Daily

EMA Structure

Bearish
EMA 8$119.48Bullish
EMA 21$123.08Bearish
EMA 50$126.51Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.5 · MACD 1.226

Neutral zone

Strength
Range
Volatility
ATR $9.25 · BB 25.87%

High volatility

Strength
Bearish
Volume
MFI 49.4 · OBV -4.39%

Relative to 20-period average volume

Strength
Range
Price Levels
$99.5 - $165.89

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+44.33% · 5.8 ATR above latest close

$175.14
Nearest resistance

+36.7% · 4.8 ATR above · 34-bar high

$165.89
Current price

Price shown is delayed

$121.35
Nearest support

-18.01% · 2.4 ATR below · 34-bar low

$99.5
Deeper support zone

-25.63% · 3.4 ATR below latest close

$90.25
ATR zone

Latest close ± ATR14

$112.1 - $130.6

Indicators

Trend

Dow Theory Structure

Confirmation $99.5, invalidation $129.38

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

Trend strength is active

30.1 / 31.5 / 27.0Bullish
Supertrend (10,3)

Price is above Supertrend

$93.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.34 / $133.18Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Volatility

ATR (14)

High volatility

$9.25 (7.62%)Bearish
Bollinger Bands (20,2)

Width 25.87%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$142.8 / $102.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$112.1 / $130.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$165.89Range
Support

Nearest Downside Decision Level

$99.5Range

Momentum

RSI (14)

Neutral zone

47.5Range
MACD (12,26,9)

Histogram is positive

1.226Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.9 / 69.8Bearish
Williams %R (14)

Neutral zone

-32.1Range
CCI (20)

Balanced zone

17.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

-4.39%Bearish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Trend

Dow Theory Structure

Confirmation $99.5, invalidation $129.38

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

Trend strength is active

30.1 / 31.5 / 27.0Bullish
Supertrend (10,3)

Price is above Supertrend

$93.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.34 / $133.18Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Momentum

RSI (14)

Neutral zone

47.5Range
MACD (12,26,9)

Histogram is positive

1.226Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.9 / 69.8Bearish
Williams %R (14)

Neutral zone

-32.1Range
CCI (20)

Balanced zone

17.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$9.25 (7.62%)Bearish
Bollinger Bands (20,2)

Width 25.87%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$142.8 / $102.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$112.1 / $130.6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

-4.39%Bearish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$165.89Range
Support

Nearest Downside Decision Level

$99.5Range

Related Forecasts