US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

12 hoursBullish56%
12h Upside probability 56%Bullish

FLEX 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $121.53 and reclaim $166.78.

Invalidation Trigger

Lose $121.53 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBearish
Momentum soft

RSI 52.3, MACD -1.485

12h
Volatility EnvironmentBearish
High volatility

ATR is $9.95 (6.76%)

12h

EMA Structure

Bullish
EMA 8$150.89Bearish
EMA 21$147.1Bullish
EMA 50$130.49Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.3 · MACD -1.485

Neutral zone

Strength
Bearish
Volatility
ATR $9.95 · BB 14.98%

High volatility

Strength
Bearish
Volume
MFI 34.8 · OBV -35.77%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$121.53 - $166.78

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+20% · 3.0 ATR above latest close

$176.73
Nearest resistance

+13.25% · 2.0 ATR above · 34-bar high

$166.78
Current price

Price shown is delayed

$147.27
Nearest support

-17.48% · 2.6 ATR below · 34-bar low

$121.53
Deeper support zone

-24.24% · 3.6 ATR below latest close

$111.57
ATR zone

Latest close ± ATR14

$137.32 - $157.22

Indicators

Trend

Dow Theory Structure

Confirmation $156.15, invalidation $141.35

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

20.1 / 16.2 / 22.1Bearish
Supertrend (10,3)

Price is above Supertrend

$125.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$150.22 / $121.62Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Volatility

ATR (14)

High volatility

$9.95 (6.76%)Bearish
Bollinger Bands (20,2)

Width 14.98%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$165.82 / $129.3Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.32 / $157.22Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.78Range
Support

Nearest Downside Decision Level

$121.53Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

-1.485Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.7 / 53.4Bearish
Williams %R (14)

Neutral zone

-66.3Range
CCI (20)

Balanced zone

-1.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.8Bearish
OBV slope

20-period OBV slope

-35.77%Bearish
Volume ratio

Relative to 20-period average volume

0.40xBearish

Trend

Dow Theory Structure

Confirmation $156.15, invalidation $141.35

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

20.1 / 16.2 / 22.1Bearish
Supertrend (10,3)

Price is above Supertrend

$125.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$150.22 / $121.62Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

-1.485Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.7 / 53.4Bearish
Williams %R (14)

Neutral zone

-66.3Range
CCI (20)

Balanced zone

-1.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$9.95 (6.76%)Bearish
Bollinger Bands (20,2)

Width 14.98%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$165.82 / $129.3Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.32 / $157.22Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.8Bearish
OBV slope

20-period OBV slope

-35.77%Bearish
Volume ratio

Relative to 20-period average volume

0.40xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.78Range
Support

Nearest Downside Decision Level

$121.53Range

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