US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

12 hoursRange50%
12h Range probability 100%Range

FLEX 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $104.9 - $131.37 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 48.8, MACD 0.311

12h
Volatility EnvironmentRange
Medium volatility

ATR is $3.56 (3.09%)

12h

EMA Structure

Bearish
EMA 8$112.7Bullish
EMA 21$114.95Bullish
EMA 50$119.44Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.8 · MACD 0.311

Neutral zone

Strength
Range
Volatility
ATR $3.56 · BB 26.06%

Medium volatility

Strength
Range
Volume
MFI 27.4 · OBV -2.03%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$104.9 - $131.37

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+17.02% · 5.5 ATR above latest close

$134.93
Nearest resistance

+13.94% · 4.5 ATR above · 34-bar high

$131.37
Current price

Price shown is delayed

$115.3
Nearest support

-9.02% · 2.9 ATR below · 34-bar low

$104.9
Deeper support zone

-12.11% · 3.9 ATR below latest close

$101.34
ATR zone

Latest close ± ATR14

$111.74 - $118.86

Indicators

Trend

Dow Theory Structure

Confirmation $131.37, invalidation $104.9

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

Trend strength is active

40.5 / 21.2 / 34.8Bearish
Supertrend (10,3)

Price is above Supertrend

$103.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.74 / $115.59Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Volatility

ATR (14)

Medium volatility

$3.56 (3.09%)Range
Bollinger Bands (20,2)

Width 26.06%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$121.77 / $107.75Range
ATR channel lower / upper

Current Volatility Envelope

$111.74 / $118.86Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.37Range
Support

Nearest Downside Decision Level

$104.9Range

Momentum

RSI (14)

Neutral zone

48.8Range
MACD (12,26,9)

Histogram is positive

0.311Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.1 / 47.0Bullish
Williams %R (14)

Neutral zone

-39.9Range
CCI (20)

Balanced zone

-17.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

27.4Bearish
OBV slope

20-period OBV slope

-2.03%Bearish
Volume ratio

Relative to 20-period average volume

2.12xBullish

Trend

Dow Theory Structure

Confirmation $131.37, invalidation $104.9

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

Trend strength is active

40.5 / 21.2 / 34.8Bearish
Supertrend (10,3)

Price is above Supertrend

$103.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.74 / $115.59Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Momentum

RSI (14)

Neutral zone

48.8Range
MACD (12,26,9)

Histogram is positive

0.311Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.1 / 47.0Bullish
Williams %R (14)

Neutral zone

-39.9Range
CCI (20)

Balanced zone

-17.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$3.56 (3.09%)Range
Bollinger Bands (20,2)

Width 26.06%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$121.77 / $107.75Range
ATR channel lower / upper

Current Volatility Envelope

$111.74 / $118.86Range

Volume / Money Flow

MFI (14)

Money flow is weak

27.4Bearish
OBV slope

20-period OBV slope

-2.03%Bearish
Volume ratio

Relative to 20-period average volume

2.12xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.37Range
Support

Nearest Downside Decision Level

$104.9Range

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