FLEX LTD (FLEX)
SG9999000020 - Common Stock
Overall FLEX gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, FLEX did better than 90% of all other stocks.
FLEX is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 83% of 127 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 4061710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FLEX has a been trading in the 26.95 - 29.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FLEX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 28.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.41, a Stop Loss order could be placed below this zone.
More info and screens
24.25
30.98
3 important support areas can be observed.
- A support zone ranging from 27.83 to 28.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.71 to 27.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.49 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 28.55 to 28.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 30.46 to 30.67. 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
CRS90.13
Mansfield-0.25
10 Day High29.14
10 Day Low26.95
20 Day High29.9
20 Day Low26.95
52 Week High30.93
52 Week Low19.85
Performance
1 Week1.5%
2 Weeks0.18%
1 Month-0.11%
3 Month23.86%
6 Month10.81%
12 Month38.55%
2 Year72.83%
3 Year63.79%
5 Year158.15%
10 Year217.02%
15 Year634.54%
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)-0.06
RSI(14)52.65
LBB27.19
UBB29.42
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 |
|---|---|---|---|
| 28.74 | 27.82 | 0.92 (3.20%) | 25.00% |
| An entry @28.74. This is a Buy Stop order right above the resistance zone. | An exit @27.82. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.92 points, which is 3.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The distance between exit and entry is rather small compared to the average daily movement of FLEX. Please evaluate whether better entry and exit points can be found.
- 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 (4/24/2024, 7:02:23 PM)
After market: 28.5 0 (0%)28.5
-0.03 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.11%
1 Week1.5%
2 Weeks0.18%
1 Month-0.11%
3 Month23.86%
6 Month10.81%
12 Month38.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.81
ATR(20)%2.8%
ATR Inc
Range Today0.73
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 High29.14
10 Day Low26.95
20 Day High29.9
20 Day Low26.95
52 Week High30.93
52 Week Low19.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.64M
Volume Incr-0.46%
Vol(5)3.25M
Vol(50)4.06M