US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

4 hoursBearish79%
4h Downside probability 79%Bearish

FLEX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $125.92 and stabilize above resistance $145.13.

Invalidation Trigger

Break above $145.13 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 32.4, MACD -0.580

4h
Volatility EnvironmentRange
Medium volatility

ATR is $3.18 (2.67%)

4h

EMA Structure

Bearish
EMA 8$120.78Bearish
EMA 21$125.92Bearish
EMA 50$133.26Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.4 · MACD -0.580

Momentum is weak

Strength
Bearish
Volatility
ATR $3.18 · BB 17.28%

Medium volatility

Strength
Range
Volume
MFI 45.9 · OBV -0.69%

Relative to 20-period average volume

Strength
Range
Price Levels
$113.5 - $145.13

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.37% · 9.1 ATR above latest close

$148.31
Nearest resistance

+21.7% · 8.1 ATR above · 34-bar high

$145.13
Current price

Price shown is delayed

$119.25
Nearest support

-4.82% · 1.8 ATR below · 34-bar low

$113.5
Deeper support zone

-7.49% · 2.8 ATR below latest close

$110.32
ATR zone

Latest close ± ATR14

$116.07 - $122.43

Indicators

Trend

Dow Theory Structure

Confirmation $113.5, invalidation $135.67

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

32.4 / 14.4 / 53.7Bearish
Supertrend (10,3)

Price is above Supertrend

$110.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$125.3 / $139.66Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Medium volatility

$3.18 (2.67%)Range
Bollinger Bands (20,2)

Width 17.28%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$131.61 / $119.56Range
ATR channel lower / upper

Current Volatility Envelope

$116.07 / $122.43Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$145.13Range
Support

Nearest Downside Decision Level

$113.5Range

Momentum

RSI (14)

Momentum is weak

32.4Bearish
MACD (12,26,9)

Histogram is negative

-0.580Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.9 / 21.5Bullish
Williams %R (14)

Neutral zone

-74.1Range
CCI (20)

Weak expansion

-100.9Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.9Range
OBV slope

20-period OBV slope

-0.69%Bearish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Trend

Dow Theory Structure

Confirmation $113.5, invalidation $135.67

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

32.4 / 14.4 / 53.7Bearish
Supertrend (10,3)

Price is above Supertrend

$110.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$125.3 / $139.66Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

32.4Bearish
MACD (12,26,9)

Histogram is negative

-0.580Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.9 / 21.5Bullish
Williams %R (14)

Neutral zone

-74.1Range
CCI (20)

Weak expansion

-100.9Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volatility

ATR (14)

Medium volatility

$3.18 (2.67%)Range
Bollinger Bands (20,2)

Width 17.28%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$131.61 / $119.56Range
ATR channel lower / upper

Current Volatility Envelope

$116.07 / $122.43Range

Volume / Money Flow

MFI (14)

Money flow is neutral

45.9Range
OBV slope

20-period OBV slope

-0.69%Bearish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$145.13Range
Support

Nearest Downside Decision Level

$113.5Range

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