US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

4 hoursBullish84%
4h Upside probability 84%Bullish

FLEX 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $104.9 and reclaim $131.37.

Invalidation Trigger

Lose $104.9 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 56.5, MACD 1.275

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.26 (1.96%)

4h

EMA Structure

Range
EMA 8$113.6Bullish
EMA 21$112.79Bullish
EMA 50$115.41Bearish

Signals

CategoryReadStrength
Momentum
RSI 56.5 · MACD 1.275

Momentum is strong

Strength
Bullish
Volatility
ATR $2.26 · BB 10.80%

Low volatility

Strength
Range
Volume
MFI 75.8 · OBV 1.59%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$104.9 - $131.37

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+15.9% · 8.1 ATR above latest close

$133.63
Nearest resistance

+13.94% · 7.1 ATR above · 34-bar high

$131.37
Current price

Price shown is delayed

$115.3
Nearest support

-9.02% · 4.6 ATR below · 34-bar low

$104.9
Deeper support zone

-10.98% · 5.6 ATR below latest close

$102.64
ATR zone

Latest close ± ATR14

$113.04 - $117.56

Indicators

Trend

Dow Theory Structure

Confirmation $117.79, invalidation $108.03

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

Trend strength is active

35.9 / 41.6 / 6.9Bullish
Supertrend (10,3)

Price is above Supertrend

$108.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$112.13 / $118.14Bearish
Donchian Channel (20)

20-period breakout channel position

81%Range

Volatility

ATR (14)

Low volatility

$2.26 (1.96%)Range
Bollinger Bands (20,2)

Width 10.80%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$116.94 / $108.53Range
ATR channel lower / upper

Current Volatility Envelope

$113.04 / $117.56Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.37Range
Support

Nearest Downside Decision Level

$104.9Range

Momentum

RSI (14)

Momentum is strong

56.5Bullish
MACD (12,26,9)

Histogram is positive

1.275Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.5 / 79.9Bearish
Williams %R (14)

Neutral zone

-20.5Range
CCI (20)

Strong expansion

134.6Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

75.8Bullish
OBV slope

20-period OBV slope

1.59%Bullish
Volume ratio

Relative to 20-period average volume

1.62xBullish

Trend

Dow Theory Structure

Confirmation $117.79, invalidation $108.03

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

Trend strength is active

35.9 / 41.6 / 6.9Bullish
Supertrend (10,3)

Price is above Supertrend

$108.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$112.13 / $118.14Bearish
Donchian Channel (20)

20-period breakout channel position

81%Range

Momentum

RSI (14)

Momentum is strong

56.5Bullish
MACD (12,26,9)

Histogram is positive

1.275Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.5 / 79.9Bearish
Williams %R (14)

Neutral zone

-20.5Range
CCI (20)

Strong expansion

134.6Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volatility

ATR (14)

Low volatility

$2.26 (1.96%)Range
Bollinger Bands (20,2)

Width 10.80%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$116.94 / $108.53Range
ATR channel lower / upper

Current Volatility Envelope

$113.04 / $117.56Range

Volume / Money Flow

MFI (14)

Money flow is strong

75.8Bullish
OBV slope

20-period OBV slope

1.59%Bullish
Volume ratio

Relative to 20-period average volume

1.62xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.37Range
Support

Nearest Downside Decision Level

$104.9Range

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