US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

1 weekBullish71%
Weekly Upside probability 71%Bullish

FLEX 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $55.16 and reclaim $166.86.

Invalidation Trigger

Lose $55.16 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 56.7, MACD -0.520

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $20.33 (17.05%)

Weekly

EMA Structure

Bullish
EMA 8$133.08Bearish
EMA 21$115.25Bullish
EMA 50$89.17Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.7 · MACD -0.520

Momentum is strong

Strength
Range
Volatility
ATR $20.33 · BB 127.64%

High volatility

Strength
Bearish
Volume
MFI 50.7 · OBV -9.66%

Relative to 20-period average volume

Strength
Range
Price Levels
$55.16 - $166.86

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+56.98% · 3.3 ATR above latest close

$187.19
Nearest resistance

+39.92% · 2.3 ATR above · 34-bar high

$166.86
Current price

Price shown is delayed

$119.25
Nearest support

-53.74% · 3.2 ATR below · 34-bar low

$55.16
Deeper support zone

-70.79% · 4.2 ATR below latest close

$34.83
ATR zone

Latest close ± ATR14

$98.92 - $139.58

Indicators

Trend

Dow Theory Structure

Confirmation $165.89, invalidation $60.29

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

Trend strength is active

56.7 / 38.0 / 18.9Bullish
Supertrend (10,3)

Price is above Supertrend

$61.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$125.06 / $107.35Bearish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

High volatility

$20.33 (17.05%)Bearish
Bollinger Bands (20,2)

Width 127.64%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$157.88 / $75.31Bearish
ATR channel lower / upper

Current Volatility Envelope

$98.92 / $139.58Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.86Range
Support

Nearest Downside Decision Level

$55.16Range

Momentum

RSI (14)

Momentum is strong

56.7Bullish
MACD (12,26,9)

Histogram is negative

-0.520Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.0 / 62.9Bearish
Williams %R (14)

Neutral zone

-52.0Range
CCI (20)

Balanced zone

23.6Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.7Range
OBV slope

20-period OBV slope

-9.66%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $165.89, invalidation $60.29

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

Trend strength is active

56.7 / 38.0 / 18.9Bullish
Supertrend (10,3)

Price is above Supertrend

$61.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$125.06 / $107.35Bearish
Donchian Channel (20)

20-period breakout channel position

56%Range

Momentum

RSI (14)

Momentum is strong

56.7Bullish
MACD (12,26,9)

Histogram is negative

-0.520Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.0 / 62.9Bearish
Williams %R (14)

Neutral zone

-52.0Range
CCI (20)

Balanced zone

23.6Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$20.33 (17.05%)Bearish
Bollinger Bands (20,2)

Width 127.64%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$157.88 / $75.31Bearish
ATR channel lower / upper

Current Volatility Envelope

$98.92 / $139.58Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.7Range
OBV slope

20-period OBV slope

-9.66%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.86Range
Support

Nearest Downside Decision Level

$55.16Range

Related Forecasts