US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 dayBearish72%
Daily Downside probability 72%Bearish

FLEX 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $111.41 and stabilize above resistance $130.38.

Invalidation Trigger

Break above $130.38 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 43.9, MACD 0.347

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $5.03 (4.66%)

Daily

EMA Structure

Bearish
EMA 8$109.06Bearish
EMA 21$111.41Bearish
EMA 50$116.71Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.9 · MACD 0.347

Momentum is weak

Strength
Bearish
Volatility
ATR $5.03 · BB 9.47%

Medium volatility

Strength
Range
Volume
MFI 59.2 · OBV 2.95%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$102.25 - $130.38

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+25.49% · 5.5 ATR above latest close

$135.41
Nearest resistance

+20.83% · 4.5 ATR above · 34-bar high

$130.38
Current price

Price shown is delayed

$107.9
Nearest support

-5.24% · 1.1 ATR below · 34-bar low

$102.25
Deeper support zone

-9.9% · 2.1 ATR below latest close

$97.22
ATR zone

Latest close ± ATR14

$102.87 - $112.93

Indicators

Trend

Dow Theory Structure

Confirmation $117.68, invalidation $102.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

22.8 / 21.3 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$92.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.04 / $122.46Bearish
Donchian Channel (20)

20-period breakout channel position

37%Bearish

Volatility

ATR (14)

Medium volatility

$5.03 (4.66%)Range
Bollinger Bands (20,2)

Width 9.47%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$122.38 / $99.99Range
ATR channel lower / upper

Current Volatility Envelope

$102.87 / $112.93Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.38Range
Support

Nearest Downside Decision Level

$102.25Range

Momentum

RSI (14)

Momentum is weak

43.9Bearish
MACD (12,26,9)

Histogram is positive

0.347Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.6 / 36.8Bearish
Williams %R (14)

Neutral zone

-63.4Range
CCI (20)

Balanced zone

-42.4Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.2Bullish
OBV slope

20-period OBV slope

2.95%Bullish
Volume ratio

Relative to 20-period average volume

1.25xBullish

Trend

Dow Theory Structure

Confirmation $117.68, invalidation $102.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

22.8 / 21.3 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$92.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.04 / $122.46Bearish
Donchian Channel (20)

20-period breakout channel position

37%Bearish

Momentum

RSI (14)

Momentum is weak

43.9Bearish
MACD (12,26,9)

Histogram is positive

0.347Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.6 / 36.8Bearish
Williams %R (14)

Neutral zone

-63.4Range
CCI (20)

Balanced zone

-42.4Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$5.03 (4.66%)Range
Bollinger Bands (20,2)

Width 9.47%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$122.38 / $99.99Range
ATR channel lower / upper

Current Volatility Envelope

$102.87 / $112.93Range

Volume / Money Flow

MFI (14)

Money flow is strong

59.2Bullish
OBV slope

20-period OBV slope

2.95%Bullish
Volume ratio

Relative to 20-period average volume

1.25xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.38Range
Support

Nearest Downside Decision Level

$102.25Range

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