US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

12 hoursBearish64%
12h Downside probability 64%Bearish

FLEX 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $110.37 and stabilize above resistance $117.79.

Invalidation Trigger

Break above $117.79 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 45.3, MACD 0.101

12h
Volatility EnvironmentRange
Medium volatility

ATR is $4.6 (4.27%)

12h

EMA Structure

Bearish
EMA 8$109.64Bearish
EMA 21$110.37Bearish
EMA 50$113.55Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.3 · MACD 0.101

Neutral zone

Strength
Bearish
Volatility
ATR $4.6 · BB 10.35%

Medium volatility

Strength
Range
Volume
MFI 53.0 · OBV 2.22%

Relative to 20-period average volume

Strength
Range
Price Levels
$102.25 - $117.79

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+13.43% · 3.1 ATR above latest close

$122.39
Nearest resistance

+9.17% · 2.1 ATR above · 34-bar high

$117.79
Current price

Price shown is delayed

$107.9
Nearest support

-5.24% · 1.2 ATR below · 34-bar low

$102.25
Deeper support zone

-9.5% · 2.2 ATR below latest close

$97.65
ATR zone

Latest close ± ATR14

$103.3 - $112.5

Indicators

Trend

Dow Theory Structure

Confirmation $106.62, invalidation $113.9

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

Trend strength is moderate

12.7 / 23.1 / 18.7Bullish
Supertrend (10,3)

Price is above Supertrend

$93.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$110.89 / $116.81Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

Medium volatility

$4.6 (4.27%)Range
Bollinger Bands (20,2)

Width 10.35%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$120.24 / $100.35Range
ATR channel lower / upper

Current Volatility Envelope

$103.3 / $112.5Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.79Range
Support

Nearest Downside Decision Level

$102.25Range

Momentum

RSI (14)

Neutral zone

45.3Range
MACD (12,26,9)

Histogram is positive

0.101Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.3 / 34.9Bearish
Williams %R (14)

Oversold zone

-82.7Bullish
CCI (20)

Balanced zone

-31.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

2.22%Bullish
Volume ratio

Relative to 20-period average volume

1.82xBullish

Trend

Dow Theory Structure

Confirmation $106.62, invalidation $113.9

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

Trend strength is moderate

12.7 / 23.1 / 18.7Bullish
Supertrend (10,3)

Price is above Supertrend

$93.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$110.89 / $116.81Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Neutral zone

45.3Range
MACD (12,26,9)

Histogram is positive

0.101Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.3 / 34.9Bearish
Williams %R (14)

Oversold zone

-82.7Bullish
CCI (20)

Balanced zone

-31.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$4.6 (4.27%)Range
Bollinger Bands (20,2)

Width 10.35%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$120.24 / $100.35Range
ATR channel lower / upper

Current Volatility Envelope

$103.3 / $112.5Range

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

2.22%Bullish
Volume ratio

Relative to 20-period average volume

1.82xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.79Range
Support

Nearest Downside Decision Level

$102.25Range

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