Flexion Therapeutics (FLXN)

9.12  -0.02 (-0.22%)

After market: 9.121 +0 (+0.01%)

Technical Rating and Analysis

8

Taking everything into account, FLXN scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, FLXN has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
FLXN is part of the Biotechnology industry. There are 588 other stocks in this industry. FLXN outperforms 79% of them.
FLXN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
FLXN has an average volume of 2277340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FLXN is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FLXN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FLXN is lagging the market slightly.
In the last month FLXN has a been trading in a tight range between 9.10 and 9.43.
Weekly and Daily overview Charts
FLXN Weekly chart
FLXN Daily chart
Setup Rating and Analysis

8

FLXN has an excellent technical rating and 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 a support zone below the current price at 9.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FLXN in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

6.65

12.25

2 important support areas can be observed.

  • A support zone ranging from 9.11 to 9.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 6.72 to 6.75. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 9.45 to 9.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @9.67 from a horizontal line in the daily time frame.
  • Resistance @12.13 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.56
Mansfield-1.18
10 Day High9.33
10 Day Low9.1
20 Day High9.43
20 Day Low9.1
52 Week High13.66
52 Week Low4.3
Performance
1 Week-0.76%
2 Weeks-0.98%
1 Month-1.94%
3 Month94.87%
6 Month7.8%
12 Month-19.72%
2 YearN/A
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)-0.12
RSI(14)61.02
LBB9.09
UBB9.34
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
9.209.100.10 (1.11%)25.00%
An entry @9.20. This is a Buy Stop order right above the 10 day moving average.An exit @9.10. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.10 points, which is 1.11%.For a 0.28% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of FLXN. 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.
FLXN Daily chart

Flexion Therapeutics

NASDAQ:FLXN (11/18/2021, 7:14:27 PM)

After market: 9.121 +0 (+0.01%)

9.12

-0.02 (-0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.22%
1 Week-0.76%
2 Weeks-0.98%
1 Month-1.94%
3 Month94.87%
6 Month7.8%
12 Month-19.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%1.15%
ATR Inc
Range Today0.11
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 High9.33
10 Day Low9.1
20 Day High9.43
20 Day Low9.1
52 Week High13.66
52 Week Low4.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume18.72M
Volume Incr476.51%
Vol(5)5.44M
Vol(50)2.28M