US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 weekBearish57%
Weekly Downside probability 57%Bearish

FLEX 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $114.57 and stabilize above resistance $166.86.

Invalidation Trigger

Break above $166.86 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 48.0, MACD -4.962

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $16.91 (15.67%)

Weekly

EMA Structure

Bullish
EMA 8$114.94Bearish
EMA 21$114.57Bearish
EMA 50$96.84Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.0 · MACD -4.962

Neutral zone

Strength
Bearish
Volatility
ATR $16.91 · BB 47.18%

High volatility

Strength
Bearish
Volume
MFI 28.3 · OBV -27.61%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$55.16 - $166.86

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+70.32% · 4.5 ATR above latest close

$183.77
Nearest resistance

+54.64% · 3.5 ATR above · 34-bar high

$166.86
Current price

Price shown is delayed

$107.9
Nearest support

-48.88% · 3.1 ATR below · 34-bar low

$55.16
Deeper support zone

-64.55% · 4.1 ATR below latest close

$38.25
ATR zone

Latest close ± ATR14

$90.99 - $124.81

Indicators

Trend

Dow Theory Structure

Confirmation $130.38, invalidation $102.25

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

Trend strength is active

37.8 / 11.2 / 30.3Bearish
Supertrend (10,3)

Price is above Supertrend

$63.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.58 / $109.97Bearish
Donchian Channel (20)

20-period breakout channel position

22%Range

Volatility

ATR (14)

High volatility

$16.91 (15.67%)Bearish
Bollinger Bands (20,2)

Width 47.18%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$145.04 / $85.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$90.99 / $124.81Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.86Range
Support

Nearest Downside Decision Level

$55.16Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-4.962Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.7 / 17.3Bearish
Williams %R (14)

Oversold zone

-87.3Bullish
CCI (20)

Balanced zone

-99.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.3Bearish
OBV slope

20-period OBV slope

-27.61%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $130.38, invalidation $102.25

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

Trend strength is active

37.8 / 11.2 / 30.3Bearish
Supertrend (10,3)

Price is above Supertrend

$63.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.58 / $109.97Bearish
Donchian Channel (20)

20-period breakout channel position

22%Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-4.962Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.7 / 17.3Bearish
Williams %R (14)

Oversold zone

-87.3Bullish
CCI (20)

Balanced zone

-99.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$16.91 (15.67%)Bearish
Bollinger Bands (20,2)

Width 47.18%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$145.04 / $85.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$90.99 / $124.81Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

28.3Bearish
OBV slope

20-period OBV slope

-27.61%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.86Range
Support

Nearest Downside Decision Level

$55.16Range

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