US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

4 hoursBearish75%
4h Downside probability 75%Bearish

FLEX 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $109.81 and stabilize above resistance $117.68.

Invalidation Trigger

Break above $117.68 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 45.9, MACD -0.414

4h
Volatility EnvironmentRange
Medium volatility

ATR is $2.99 (2.77%)

4h

EMA Structure

Bearish
EMA 8$108.81Bearish
EMA 21$109.81Bearish
EMA 50$110.71Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.9 · MACD -0.414

Neutral zone

Strength
Bearish
Volatility
ATR $2.99 · BB 10.51%

Medium volatility

Strength
Range
Volume
MFI 47.1 · OBV -2.21%

Relative to 20-period average volume

Strength
Range
Price Levels
$102.25 - $117.68

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+11.83% · 4.3 ATR above latest close

$120.67
Nearest resistance

+9.06% · 3.3 ATR above · 34-bar high

$117.68
Current price

Price shown is delayed

$107.9
Nearest support

-5.24% · 1.9 ATR below · 34-bar low

$102.25
Deeper support zone

-8.01% · 2.9 ATR below latest close

$99.26
ATR zone

Latest close ± ATR14

$104.91 - $110.89

Indicators

Trend

Dow Theory Structure

Confirmation $111.63, invalidation $106.82

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

Trend strength is moderate

18.5 / 23.1 / 38.0Bearish
Supertrend (10,3)

Price is above Supertrend

$100.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$110.82 / $109.97Bearish
Donchian Channel (20)

20-period breakout channel position

17%Range

Volatility

ATR (14)

Medium volatility

$2.99 (2.77%)Range
Bollinger Bands (20,2)

Width 10.51%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$114.96 / $104.59Range
ATR channel lower / upper

Current Volatility Envelope

$104.91 / $110.89Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.68Range
Support

Nearest Downside Decision Level

$102.25Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is negative

-0.414Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.3 / 20.6Bearish
Williams %R (14)

Oversold zone

-82.7Bullish
CCI (20)

Balanced zone

-85.4Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.1Range
OBV slope

20-period OBV slope

-2.21%Bearish
Volume ratio

Relative to 20-period average volume

1.78xBullish

Trend

Dow Theory Structure

Confirmation $111.63, invalidation $106.82

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

Trend strength is moderate

18.5 / 23.1 / 38.0Bearish
Supertrend (10,3)

Price is above Supertrend

$100.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$110.82 / $109.97Bearish
Donchian Channel (20)

20-period breakout channel position

17%Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is negative

-0.414Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.3 / 20.6Bearish
Williams %R (14)

Oversold zone

-82.7Bullish
CCI (20)

Balanced zone

-85.4Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$2.99 (2.77%)Range
Bollinger Bands (20,2)

Width 10.51%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$114.96 / $104.59Range
ATR channel lower / upper

Current Volatility Envelope

$104.91 / $110.89Range

Volume / Money Flow

MFI (14)

Money flow is neutral

47.1Range
OBV slope

20-period OBV slope

-2.21%Bearish
Volume ratio

Relative to 20-period average volume

1.78xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.68Range
Support

Nearest Downside Decision Level

$102.25Range

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