FLEX LTD (FLEX) Stock Technical Analysis
NASDAQ:FLEX - Nasdaq - SG9999000020 - Common Stock - Currency: USD
Overall FLEX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FLEX is showing a nice and steady performance.
In the last month FLEX has a been trading in the 38.38 - 45.10 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FLEX is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, FLEX also shows a nice and consistent pattern of rising prices.
FLEX is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 82% of 124 stocks in the same industry.
FLEX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FLEX is performing more or less in line with the market.
FLEX has an average volume of 4937700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FLEX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 39.88, a Stop Loss order could be placed below this zone.
More info and screens
26.33
41.02
5 important support areas can be observed.
- A support zone ranging from 39.29 to 39.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.37 from a horizontal line in the weekly time frame.
- A support zone ranging from 37.07 to 37.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.28 from a trend line in the daily time frame.
- Support @26.60 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.69
Mansfield1.67
10 Day High45.1
10 Day Low38.42
20 Day High45.1
20 Day Low38.38
52 Week High45.1
52 Week Low24.05
Performance
1 Week-5.92%
2 Weeks-1.75%
1 Month8.49%
3 Month17.39%
6 Month45.68%
12 Month66%
2 Year78.37%
3 Year157.42%
5 Year216.73%
10 Year274.55%
15 Year556.94%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.19
RSI(14)52.76
LBB38.55
UBB45.49
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.43 | 39.28 | 3.15 (7.43%) | 13.45% |
| An entry @42.43. This is a Buy Stop order right above the 10 day moving average. | An exit @39.28. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.15 points, which is 7.43%. | When investing 13.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FLEX LTD
NASDAQ:FLEX (2/3/2025, 3:35:09 PM)
40.61
-1.04 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.5%
1 Week-5.92%
2 Weeks-1.75%
1 Month8.49%
3 Month17.39%
6 Month45.68%
12 Month66%
2 Year78.37%
3 Year157.42%
5 Year216.73%
10 Year274.55%
15 Year556.94%
Volatility
ATR(14)1.69
ATR(20)%4.03%
ATR Inc-21.89%
Range Today1.71
ADR(20)1.41
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.69
Mansfield1.67
10 Day High45.1
10 Day Low38.42
20 Day High45.1
20 Day Low38.38
52 Week High45.1
52 Week Low24.05
CS1 End39.88
CR1 StartN/A
Volume & EV
DER(3)-0.42%
DER(5)0.19%
Volume2.78M
Volume Incr127.24%
Vol(5)5.97M
Vol(50)4.94M