US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

12 hoursBearish76%
12h Downside probability 76%Bearish

FLEX 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $132.28 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

12h
Momentum StateBearish
Momentum soft

RSI 31.9, MACD -1.241

12h
Volatility EnvironmentRange
Medium volatility

ATR is $5.2 (4.36%)

12h

EMA Structure

Bearish
EMA 8$124.87Bearish
EMA 21$132.28Bearish
EMA 50$138.29Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.9 · MACD -1.241

Momentum is weak

Strength
Bearish
Volatility
ATR $5.2 · BB 19.87%

Medium volatility

Strength
Range
Volume
MFI 25.6 · OBV -0.01%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$113.5 - $165.89

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+43.47% · 10.0 ATR above latest close

$171.09
Nearest resistance

+39.11% · 9.0 ATR above · 34-bar high

$165.89
Current price

Price shown is delayed

$119.25
Nearest support

-4.82% · 1.1 ATR below · 34-bar low

$113.5
Deeper support zone

-9.18% · 2.1 ATR below latest close

$108.3
ATR zone

Latest close ± ATR14

$114.05 - $124.45

Indicators

Trend

Dow Theory Structure

Confirmation $136.02, invalidation $128.23

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

Trend strength is active

24.2 / 21.8 / 41.3Bearish
Supertrend (10,3)

Price is above Supertrend

$100.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$132.21 / $139.69Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

Medium volatility

$5.2 (4.36%)Range
Bollinger Bands (20,2)

Width 19.87%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$142.48 / $121.2Range
ATR channel lower / upper

Current Volatility Envelope

$114.05 / $124.45Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$165.89Range
Support

Nearest Downside Decision Level

$113.5Range

Momentum

RSI (14)

Momentum is weak

31.9Bearish
MACD (12,26,9)

Histogram is negative

-1.241Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.2 / 9.7Bullish
Williams %R (14)

Oversold zone

-81.8Bullish
CCI (20)

Weak expansion

-187.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.6Bearish
OBV slope

20-period OBV slope

-0.01%Bearish
Volume ratio

Relative to 20-period average volume

2.48xBullish

Trend

Dow Theory Structure

Confirmation $136.02, invalidation $128.23

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

Trend strength is active

24.2 / 21.8 / 41.3Bearish
Supertrend (10,3)

Price is above Supertrend

$100.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$132.21 / $139.69Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

31.9Bearish
MACD (12,26,9)

Histogram is negative

-1.241Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.2 / 9.7Bullish
Williams %R (14)

Oversold zone

-81.8Bullish
CCI (20)

Weak expansion

-187.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volatility

ATR (14)

Medium volatility

$5.2 (4.36%)Range
Bollinger Bands (20,2)

Width 19.87%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$142.48 / $121.2Range
ATR channel lower / upper

Current Volatility Envelope

$114.05 / $124.45Range

Volume / Money Flow

MFI (14)

Money flow is weak

25.6Bearish
OBV slope

20-period OBV slope

-0.01%Bearish
Volume ratio

Relative to 20-period average volume

2.48xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$165.89Range
Support

Nearest Downside Decision Level

$113.5Range

Related Forecasts