FLEX LTD (FLEX)

SG9999000020 - Common Stock

40.53  +0.7 (+1.76%)

After market: 40.95 +0.42 (+1.04%)

Technical Rating and Analysis

10

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.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, FLEX did better than 88% of all other 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 making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FLEX has a been trading in the 34.41 - 41.50 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
FLEX has an average volume of 3784210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
FLEX Weekly chart
FLEX Daily chart
Setup Rating and Analysis

2

Although FLEX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

25.67

40.95

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 37.96 to 38.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 36.49 to 37.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @28.57 from a horizontal line in the daily time frame.
  • Support @25.93 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 40.54 to 40.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.89
Mansfield2.01
10 Day High41.5
10 Day Low36.56
20 Day High41.5
20 Day Low34.41
52 Week High41.5
52 Week Low21.84
Performance
1 Week7.68%
2 Weeks1.33%
1 Month15.83%
3 Month23.08%
6 Month22.19%
12 Month53.7%
2 Year84.39%
3 Year137.02%
5 Year241.45%
10 Year265.46%
15 Year473.27%
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)0.09
RSI(14)69.49
LBB35.2
UBB41.25
FLEX Daily chart

FLEX LTD

NASDAQ:FLEX (11/21/2024, 8:00:00 PM)

After market: 40.95 +0.42 (+1.04%)

40.53

+0.7 (+1.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.76%
1 Week7.68%
2 Weeks1.33%
1 Month15.83%
3 Month23.08%
6 Month22.19%
12 Month53.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.37
ATR(20)%3.26%
ATR Inc
Range Today1.67
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High41.5
10 Day Low36.56
20 Day High41.5
20 Day Low34.41
52 Week High41.5
52 Week Low21.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.88M
Volume Incr112.51%
Vol(5)5.95M
Vol(50)3.78M