US stock / ETF

Flex Ltd.

FLEX · NASDAQ · USD

4 hoursBullish67%
4h Upside probability 67%Bullish

FLEX 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $137.9 and reclaim $166.78.

Invalidation Trigger

Lose $137.9 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 47.2, MACD 0.268

4h
Volatility EnvironmentRange
Medium volatility

ATR is $6.97 (4.73%)

4h

EMA Structure

Bullish
EMA 8$153.06Bearish
EMA 21$151.03Bearish
EMA 50$145.1Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.2 · MACD 0.268

Neutral zone

Strength
Bearish
Volatility
ATR $6.97 · BB 13.02%

Medium volatility

Strength
Range
Volume
MFI 62.6 · OBV 19.03%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$137.9 - $166.78

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+17.98% · 3.8 ATR above latest close

$173.75
Nearest resistance

+13.25% · 2.8 ATR above · 34-bar high

$166.78
Current price

Price shown is delayed

$147.27
Nearest support

-6.36% · 1.3 ATR below · 34-bar low

$137.9
Deeper support zone

-11.09% · 2.3 ATR below latest close

$130.93
ATR zone

Latest close ± ATR14

$140.3 - $154.24

Indicators

Trend

Dow Theory Structure

Confirmation $165.67, invalidation $147.75

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

Trend strength is moderate

21.1 / 24.6 / 20.3Bullish
Supertrend (10,3)

Price is above Supertrend

$129.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$153.89 / $146.94Bearish
Donchian Channel (20)

20-period breakout channel position

24%Range

Volatility

ATR (14)

Medium volatility

$6.97 (4.73%)Range
Bollinger Bands (20,2)

Width 13.02%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$165.34 / $136.99Range
ATR channel lower / upper

Current Volatility Envelope

$140.3 / $154.24Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.78Range
Support

Nearest Downside Decision Level

$137.9Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is positive

0.268Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.3 / 55.2Bearish
Williams %R (14)

Neutral zone

-75.7Range
CCI (20)

Balanced zone

-15.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.6Bullish
OBV slope

20-period OBV slope

19.03%Bullish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Trend

Dow Theory Structure

Confirmation $165.67, invalidation $147.75

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

Trend strength is moderate

21.1 / 24.6 / 20.3Bullish
Supertrend (10,3)

Price is above Supertrend

$129.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$153.89 / $146.94Bearish
Donchian Channel (20)

20-period breakout channel position

24%Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is positive

0.268Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.3 / 55.2Bearish
Williams %R (14)

Neutral zone

-75.7Range
CCI (20)

Balanced zone

-15.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$6.97 (4.73%)Range
Bollinger Bands (20,2)

Width 13.02%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$165.34 / $136.99Range
ATR channel lower / upper

Current Volatility Envelope

$140.3 / $154.24Range

Volume / Money Flow

MFI (14)

Money flow is strong

62.6Bullish
OBV slope

20-period OBV slope

19.03%Bullish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.78Range
Support

Nearest Downside Decision Level

$137.9Range

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