FLUX POWER HOLDINGS INC (FLUX) Stock Technical Analysis
NASDAQ:FLUX • US3440573026
Overall FLUX gets a technical rating of 4 out of 10. FLUX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- FLUX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month FLUX has a been trading in the 1.01 - 1.70 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- When compared to the yearly performance of all other stocks, FLUX outperforms 54% of them, which is more or less in line with the market.
- FLUX is an average performer in the Electrical Equipment industry, it outperforms 48% of 91 stocks in the same industry.
FLUX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.37
We found 1 important support area.
- A support zone ranging from 1.38 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.67 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FLUX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLUX is up. |
| ChartMill Relative Strength | 54.39 | NEUTRAL | FLUX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLUX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLUX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLUX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.86 | NEUTRAL | The RSI value for FLUX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests FLUX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.61 | OVERBOUGHT | The high Stochastics value suggests FLUX may be overbought. |
| Average True Range in percent/ATR (20) | 11.74 | HIGH VOLATILITY | The high ATR as a percentage value for FLUX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.2 | NEGATIVE | The low ADX value for FLUX suggests a weak or negative trend. |
1.54
+0.01 (+0.65%)
FLUX POWER HOLDINGS INC / FLUX FAQ
What is the ChartMill technical rating of FLUX POWER HOLDINGS INC (FLUX) stock?
ChartMill assigns a technical rating of 4 / 10 to FLUX.
Can you provide the trend direction for FLUX POWER HOLDINGS INC?
The current trend direction for FLUX POWER HOLDINGS INC (FLUX) is Bearish.
What is the RSI signal for FLUX POWER HOLDINGS INC (FLUX) stock?
FLUX POWER HOLDINGS INC (FLUX) has an RSI value of 54.8609. This indicates that the stock is currently neutral.
What is the MACD signal for FLUX stock?
The MACD indicator for FLUX POWER HOLDINGS INC (FLUX) has a value of 0.0484397, indicating a bearish trend.
What is the short term momentum for FLUX POWER HOLDINGS INC (FLUX) stock?
The short term momentum for FLUX POWER HOLDINGS INC (FLUX) is positive.