US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 weekBullish57%
Weekly Upside probability 57%Bullish

FLEX 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $58.53 and reclaim $166.86.

Invalidation Trigger

Lose $58.53 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 56.1, MACD -2.963

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $14.13 (11.64%)

Weekly

EMA Structure

Bullish
EMA 8$116.69Bullish
EMA 21$115.41Bullish
EMA 50$99.21Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.1 · MACD -2.963

Momentum is strong

Strength
Range
Volatility
ATR $14.13 · BB 48.20%

High volatility

Strength
Bearish
Volume
MFI 34.2 · OBV -23.11%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$58.53 - $166.86

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+49.11% · 4.2 ATR above latest close

$180.99
Nearest resistance

+37.47% · 3.2 ATR above · 34-bar high

$166.86
Current price

Price shown is delayed

$121.38
Nearest support

-51.78% · 4.4 ATR below · 34-bar low

$58.53
Deeper support zone

-63.42% · 5.4 ATR below latest close

$44.4
ATR zone

Latest close ± ATR14

$107.25 - $135.51

Indicators

Trend

Dow Theory Structure

Confirmation $130.38, invalidation $102.25

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

Trend strength is active

33.1 / 14.4 / 31.7Bearish
Supertrend (10,3)

Price is above Supertrend

$83.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$118.69 / $109.97Bullish
Donchian Channel (20)

20-period breakout channel position

32%Range

Volatility

ATR (14)

High volatility

$14.13 (11.64%)Bearish
Bollinger Bands (20,2)

Width 48.20%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$139.6 / $92.04Bearish
ATR channel lower / upper

Current Volatility Envelope

$107.25 / $135.51Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.86Range
Support

Nearest Downside Decision Level

$58.53Range

Momentum

RSI (14)

Momentum is strong

56.1Bullish
MACD (12,26,9)

Histogram is negative

-2.963Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.7 / 32.1Bullish
Williams %R (14)

Neutral zone

-52.3Range
CCI (20)

Balanced zone

-33.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.2Bearish
OBV slope

20-period OBV slope

-23.11%Bearish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Trend

Dow Theory Structure

Confirmation $130.38, invalidation $102.25

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

Trend strength is active

33.1 / 14.4 / 31.7Bearish
Supertrend (10,3)

Price is above Supertrend

$83.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$118.69 / $109.97Bullish
Donchian Channel (20)

20-period breakout channel position

32%Range

Momentum

RSI (14)

Momentum is strong

56.1Bullish
MACD (12,26,9)

Histogram is negative

-2.963Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.7 / 32.1Bullish
Williams %R (14)

Neutral zone

-52.3Range
CCI (20)

Balanced zone

-33.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$14.13 (11.64%)Bearish
Bollinger Bands (20,2)

Width 48.20%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$139.6 / $92.04Bearish
ATR channel lower / upper

Current Volatility Envelope

$107.25 / $135.51Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.2Bearish
OBV slope

20-period OBV slope

-23.11%Bearish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.86Range
Support

Nearest Downside Decision Level

$58.53Range

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