US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

FLEX 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $53.17 and reclaim $166.78.

Invalidation Trigger

Lose $53.17 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 79.5, MACD 5.233

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $16.55 (11.3%)

Weekly

EMA Structure

Bullish
EMA 8$137.46Bullish
EMA 21$110.32Bullish
EMA 50$83.9Bullish

Signals

CategoryReadStrength
Momentum
RSI 79.5 · MACD 5.233

Momentum is strong

Strength
Bullish
Volatility
ATR $16.55 · BB 148.44%

High volatility

Strength
Bearish
Volume
MFI 72.4 · OBV 8.05%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$53.17 - $166.78

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+25.19% · 2.2 ATR above latest close

$183.33
Nearest resistance

+13.89% · 1.2 ATR above · 34-bar high

$166.78
Current price

Price shown is delayed

$146.45
Nearest support

-63.69% · 5.6 ATR below · 34-bar low

$53.17
Deeper support zone

-74.99% · 6.6 ATR below latest close

$36.62
ATR zone

Latest close ± ATR14

$129.9 - $162.99

Indicators

Trend

Dow Theory Structure

Confirmation $166.78, invalidation $60.4

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

49.8 / 52.9 / 10.0Bullish
Supertrend (10,3)

Price is above Supertrend

$96.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$118.38 / $107.31Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

High volatility

$16.55 (11.3%)Bearish
Bollinger Bands (20,2)

Width 148.44%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$151.17 / $72.54Bearish
ATR channel lower / upper

Current Volatility Envelope

$129.9 / $162.99Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.78Range
Support

Nearest Downside Decision Level

$53.17Range

Momentum

RSI (14)

Momentum is strong

79.5Bullish
MACD (12,26,9)

Histogram is positive

5.233Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.9 / 82.3Bearish
Williams %R (14)

Overbought zone

-19.1Bearish
CCI (20)

Strong expansion

100.7Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

72.4Bullish
OBV slope

20-period OBV slope

8.05%Bullish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Trend

Dow Theory Structure

Confirmation $166.78, invalidation $60.4

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

49.8 / 52.9 / 10.0Bullish
Supertrend (10,3)

Price is above Supertrend

$96.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$118.38 / $107.31Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

79.5Bullish
MACD (12,26,9)

Histogram is positive

5.233Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.9 / 82.3Bearish
Williams %R (14)

Overbought zone

-19.1Bearish
CCI (20)

Strong expansion

100.7Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$16.55 (11.3%)Bearish
Bollinger Bands (20,2)

Width 148.44%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$151.17 / $72.54Bearish
ATR channel lower / upper

Current Volatility Envelope

$129.9 / $162.99Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.4Bullish
OBV slope

20-period OBV slope

8.05%Bullish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.78Range
Support

Nearest Downside Decision Level

$53.17Range

Related Forecasts