FLEX LTD (FLEX)
SG9999000020 - Common Stock
Overall FLEX gets a technical rating of 9 out of 10. In the last year, FLEX was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, FLEX did better than 91% of all other stocks. We also observe that the gains produced by FLEX over the past year are nicely spread over this period.
FLEX is part of the Electronic Equipment, Instruments & Components industry. There are 126 other stocks in this industry. FLEX outperforms 80% of them.
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.
In the last month FLEX has a been trading in the 37.15 - 40.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FLEX has an average volume of 4592160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FLEX 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 38.54, a Stop Loss order could be placed below this zone.
More info and screens
26.07
39.02
When analyzing the support we can see 4 important areas.
- A support zone ranging from 37.07 to 38.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.73 from a trend line in the daily time frame.
- Support @29.10 from a horizontal line in the daily time frame.
- Support @26.33 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
CRS91.4
Mansfield1.41
10 Day High40.18
10 Day Low37.15
20 Day High40.18
20 Day Low37.15
52 Week High42.47
52 Week Low21.84
Performance
1 Week-0.03%
2 Weeks0.65%
1 Month-0.87%
3 Month15.42%
6 Month30.95%
12 Month65.87%
2 Year80.01%
3 Year110.75%
5 Year206.1%
10 Year245.53%
15 Year428.45%
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
RSI(14)51.9
LBB37.21
UBB39.56
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 |
|---|---|---|---|
| 40.19 | 37.14 | 3.05 (7.59%) | 13.18% |
| An entry @40.19. This is a Buy Stop order right above the 10 day high. | An exit @37.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.05 points, which is 7.59%. | For a 1.00% total portfolio risk, you can invest 13.18% of your capital in this trade. |
- 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 (12/30/2024, 8:14:44 PM)
After market: 39.964 +1.33 (+3.45%)38.63
-0.49 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.25%
1 Week-0.03%
2 Weeks0.65%
1 Month-0.87%
3 Month15.42%
6 Month30.95%
12 Month65.87%
2 Year80.01%
3 Year110.75%
5 Year206.1%
10 Year245.53%
15 Year428.45%
Volatility
ATR(14)1.08
ATR(20)%2.63%
ATR Inc-17.59%
Range Today0.83
ADR(20)0.97
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.4
Mansfield1.41
10 Day High40.18
10 Day Low37.15
20 Day High40.18
20 Day Low37.15
52 Week High42.47
52 Week Low21.84
CS1 End38.54
CR1 StartN/A
Volume & EV
DER(3)-1.52%
DER(5)-1.75%
Volume1.76M
Volume Incr-72.53%
Vol(5)1.85M
Vol(50)4.59M