US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 weekBearish71%
Weekly Downside probability 71%Bearish

FLEX 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $116.19 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 52.3, MACD -4.836

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $19.52 (16.93%)

Weekly

EMA Structure

Bullish
EMA 8$120.57Bearish
EMA 21$116.19Bearish
EMA 50$95.22Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.3 · MACD -4.836

Neutral zone

Strength
Bearish
Volatility
ATR $19.52 · BB 64.84%

High volatility

Strength
Bearish
Volume
MFI 37.6 · OBV -18.85%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$55.16 - $166.86

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+61.65% · 3.6 ATR above latest close

$186.38
Nearest resistance

+44.72% · 2.6 ATR above · 34-bar high

$166.86
Current price

Price shown is delayed

$115.3
Nearest support

-52.16% · 3.1 ATR below · 34-bar low

$55.16
Deeper support zone

-69.09% · 4.1 ATR below latest close

$35.64
ATR zone

Latest close ± ATR14

$95.78 - $134.82

Indicators

Trend

Dow Theory Structure

Confirmation $130.38, invalidation $99.5

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

Trend strength is active

42.7 / 17.7 / 26.5Bearish
Supertrend (10,3)

Price is above Supertrend

$54.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$122.68 / $109.31Bearish
Donchian Channel (20)

20-period breakout channel position

44%Range

Volatility

ATR (14)

High volatility

$19.52 (16.93%)Bearish
Bollinger Bands (20,2)

Width 64.84%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$155.89 / $78.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$95.78 / $134.82Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.86Range
Support

Nearest Downside Decision Level

$55.16Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

-4.836Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.5 / 26.4Bearish
Williams %R (14)

Neutral zone

-76.5Range
CCI (20)

Balanced zone

-48.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.6Bearish
OBV slope

20-period OBV slope

-18.85%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Trend

Dow Theory Structure

Confirmation $130.38, invalidation $99.5

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

Trend strength is active

42.7 / 17.7 / 26.5Bearish
Supertrend (10,3)

Price is above Supertrend

$54.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$122.68 / $109.31Bearish
Donchian Channel (20)

20-period breakout channel position

44%Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

-4.836Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.5 / 26.4Bearish
Williams %R (14)

Neutral zone

-76.5Range
CCI (20)

Balanced zone

-48.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$19.52 (16.93%)Bearish
Bollinger Bands (20,2)

Width 64.84%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$155.89 / $78.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$95.78 / $134.82Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.6Bearish
OBV slope

20-period OBV slope

-18.85%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.86Range
Support

Nearest Downside Decision Level

$55.16Range

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