US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 hourBearish64%
1h Downside probability 64%Bearish

FLEX 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $154.24 and stabilize above resistance $165.67.

Invalidation Trigger

Break above $165.67 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 39.3, MACD -1.595

1h
Volatility EnvironmentRange
Medium volatility

ATR is $4.19 (2.84%)

1h

EMA Structure

Range
EMA 8$152.87Bearish
EMA 21$154.24Bearish
EMA 50$152.44Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.3 · MACD -1.595

Momentum is weak

Strength
Bearish
Volatility
ATR $4.19 · BB 14.62%

Medium volatility

Strength
Range
Volume
MFI 48.0 · OBV -4.26%

Relative to 20-period average volume

Strength
Range
Price Levels
$146.31 - $165.67

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.34% · 5.4 ATR above latest close

$169.86
Nearest resistance

+12.49% · 4.4 ATR above · 34-bar high

$165.67
Current price

Price shown is delayed

$147.27
Nearest support

-0.65% · 0.2 ATR below · 34-bar low

$146.31
Deeper support zone

-3.5% · 1.2 ATR below latest close

$142.12
ATR zone

Latest close ± ATR14

$143.08 - $151.46

Indicators

Trend

Dow Theory Structure

Confirmation $165.67, invalidation $147.75

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

Trend strength is active

31.6 / 35.2 / 34.6Bullish
Supertrend (10,3)

Price is above Supertrend

$137Bullish
Ichimoku Cloud

Cloud Span A / Span B

$155.64 / $153.51Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Medium volatility

$4.19 (2.84%)Range
Bollinger Bands (20,2)

Width 14.62%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$161.01 / $147.54Range
ATR channel lower / upper

Current Volatility Envelope

$143.08 / $151.46Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$165.67Range
Support

Nearest Downside Decision Level

$146.31Range

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is negative

-1.595Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.0 / 12.7Bearish
Williams %R (14)

Oversold zone

-95.0Bullish
CCI (20)

Weak expansion

-109.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.0Range
OBV slope

20-period OBV slope

-4.26%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $165.67, invalidation $147.75

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

Trend strength is active

31.6 / 35.2 / 34.6Bullish
Supertrend (10,3)

Price is above Supertrend

$137Bullish
Ichimoku Cloud

Cloud Span A / Span B

$155.64 / $153.51Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is negative

-1.595Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.0 / 12.7Bearish
Williams %R (14)

Oversold zone

-95.0Bullish
CCI (20)

Weak expansion

-109.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Medium volatility

$4.19 (2.84%)Range
Bollinger Bands (20,2)

Width 14.62%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$161.01 / $147.54Range
ATR channel lower / upper

Current Volatility Envelope

$143.08 / $151.46Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.0Range
OBV slope

20-period OBV slope

-4.26%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$165.67Range
Support

Nearest Downside Decision Level

$146.31Range

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