BINGEX LTD (FLX) Stock Technical Analysis
NASDAQ:FLX - US0903371062 - ADR
3.04 USD
-0.17 (-5.3%)
Overall FLX gets a technical rating of 4 out of 10. In the past year, FLX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
100% of all other stocks performed better in the past year than FLX.
FLX is part of the Air Freight & Logistics industry. There are 23 other stocks in this industry, of which 81% are performing better than FLX.
In the last month FLX has a been trading in the 2.98 - 3.84 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Although the technical rating is only medium, FLX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.95
3.42
We found 1 important support area.
- A support zone ranging from 2.98 to 2.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.17 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.39 from a horizontal line in the weekly 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 FLX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | FLX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FLX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FLX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.37 | NEUTRAL | The RSI value for FLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FLX has a negative trend. |
| Stochastics (14,3) | 31.78 | NEUTRAL | The Stochastics value for FLX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.25 | HIGH VOLATILITY | The high ATR as a percentage value for FLX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.05 | NEGATIVE | The low ADX value for FLX suggests a weak or negative trend. |
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)
NASDAQ:FLX (9/2/2025, 4:30:00 PM)
3.04
-0.17 (-5.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-5.3%
1 Week-9.52%
2 Weeks-3.06%
1 Month0.66%
3 Month2.01%
6 Month-64.47%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%10.25%
ATR Inc3.02%
Range Today0.23
ADR(20)0.3
ADR(20)%9.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High3.84
10 Day Low3.02
20 Day High3.84
20 Day Low2.98
52 Week HighN/A
52 Week LowN/A
CS1 End2.98
CR1 Start3.17
Volume & EV
DER(3)-9.62%
DER(5)-7.96%
Volume39.60K
Volume Incr29.43%
Vol(5)71.14K
Vol(50)58.60K