US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 hourBearish69%
1h Downside probability 69%Bearish

FLEX 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $109.34 and stabilize above resistance $113.9.

Invalidation Trigger

Break above $113.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 44.5, MACD -0.131

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.21 (1.12%)

1h

EMA Structure

Bearish
EMA 8$108.91Bearish
EMA 21$109.34Bearish
EMA 50$109.95Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.5 · MACD -0.131

Momentum is weak

Strength
Bearish
Volatility
ATR $1.21 · BB 5.69%

Low volatility

Strength
Bullish
Volume
MFI 63.9 · OBV 0.63%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$105.85 - $113.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.68% · 6.0 ATR above latest close

$115.11
Nearest resistance

+5.56% · 5.0 ATR above · 34-bar high

$113.9
Current price

Price shown is delayed

$107.9
Nearest support

-1.9% · 1.7 ATR below · 34-bar low

$105.85
Deeper support zone

-3.02% · 2.7 ATR below latest close

$104.64
ATR zone

Latest close ± ATR14

$106.69 - $109.11

Indicators

Trend

Dow Theory Structure

Confirmation $111.44, invalidation $109.43

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

Trend strength is moderate

16.0 / 24.2 / 43.1Bearish
Supertrend (10,3)

Price is above Supertrend

$103.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$109.31 / $111.77Bearish
Donchian Channel (20)

20-period breakout channel position

35%Bearish

Volatility

ATR (14)

Low volatility

$1.21 (1.12%)Bullish
Bollinger Bands (20,2)

Width 5.69%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$112.42 / $106.22Bullish
ATR channel lower / upper

Current Volatility Envelope

$106.69 / $109.11Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$113.9Range
Support

Nearest Downside Decision Level

$105.85Range

Momentum

RSI (14)

Momentum is weak

44.5Bearish
MACD (12,26,9)

Histogram is negative

-0.131Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.5 / 29.6Bullish
Williams %R (14)

Neutral zone

-64.5Range
CCI (20)

Balanced zone

-58.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

63.9Bullish
OBV slope

20-period OBV slope

0.63%Bullish
Volume ratio

Relative to 20-period average volume

6.39xBullish

Trend

Dow Theory Structure

Confirmation $111.44, invalidation $109.43

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

Trend strength is moderate

16.0 / 24.2 / 43.1Bearish
Supertrend (10,3)

Price is above Supertrend

$103.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$109.31 / $111.77Bearish
Donchian Channel (20)

20-period breakout channel position

35%Bearish

Momentum

RSI (14)

Momentum is weak

44.5Bearish
MACD (12,26,9)

Histogram is negative

-0.131Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.5 / 29.6Bullish
Williams %R (14)

Neutral zone

-64.5Range
CCI (20)

Balanced zone

-58.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.21 (1.12%)Bullish
Bollinger Bands (20,2)

Width 5.69%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$112.42 / $106.22Bullish
ATR channel lower / upper

Current Volatility Envelope

$106.69 / $109.11Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

63.9Bullish
OBV slope

20-period OBV slope

0.63%Bullish
Volume ratio

Relative to 20-period average volume

6.39xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$113.9Range
Support

Nearest Downside Decision Level

$105.85Range

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