FIRST TRUST EXCHANGE-TRADED (MFLX) Stock Technical Analysis
NASDAQ:MFLX - Nasdaq - US33740F5089 - ETF - Currency: USD
Taking everything into account, MFLX scores 4 out of 10 in our technical rating. In the past year, MFLX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
In the last month MFLX has a been trading in the 16.67 - 18.91 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: MFLX has an average volume of 5130 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, MFLX turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
MFLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MFLX is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MFLX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.13, a Stop Loss order could be placed below this zone.
More info and screens
16.47
17.79
We found 2 important support areas.
- A support zone ranging from 17.01 to 17.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.64 to 16.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 17.41 to 17.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.13
Mansfield-0.7
10 Day High18.91
10 Day Low16.98
20 Day High18.91
20 Day Low16.67
52 Week High18.91
52 Week Low15.6
Performance
1 Week0.67%
2 Weeks0.03%
1 Month1.54%
3 Month-0.55%
6 Month-0.98%
12 Month1.27%
2 Year4.6%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.01
RSI(14)54.65
LBB17.02
UBB17.25
NASDAQ:MFLX (2/21/2025, 8:00:01 PM)
17.155
0 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.03%
1 Week0.67%
2 Weeks0.03%
1 Month1.54%
3 Month-0.55%
6 Month-0.98%
12 Month1.27%
2 Year4.6%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.36%
ATR Inc-73.38%
Range Today0.04
ADR(20)0.2
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.13
Mansfield-0.7
10 Day High18.91
10 Day Low16.98
20 Day High18.91
20 Day Low16.67
52 Week High18.91
52 Week Low15.6
CS1 End17.13
CR1 Start17.41
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-57.45%
Vol(5)2.70K
Vol(50)5.13K