TCW FLEXIBLE INCOME ETF (FLXR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FLXR - US29287L7001 - ETF
We assign a technical rating of 2 out of 10 to FLXR. In the last year, FLXR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Although the technical rating is bad, FLXR 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 39.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FLXR 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.
More info and screens
38.10
We found 1 important support area.
- A support zone ranging from 38.48 to 39.51. 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 39.61 to 39.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for FLXR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLXR is down. |
| ChartMill Relative Strength | 47.42 | NEUTRAL | FLXR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLXR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLXR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLXR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.42 | NEUTRAL | The RSI value for FLXR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FLXR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.68 | NEUTRAL | The Stochastics value for FLXR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for FLXR suggests low volalility. |
| Average Directional Index/ADX (14) | 23.1 | NEUTRAL | The ADX value for FLXR suggests a possible start of a new trend. |
39.605
-0.03 (-0.06%)
TCW FLEXIBLE INCOME ETF / FLXR FAQ
What is the ChartMill technical rating of TCW FLEXIBLE INCOME ETF (FLXR) stock?
ChartMill assigns a technical rating of 2 / 10 to FLXR.
What is the current trend direction of TCW FLEXIBLE INCOME ETF (FLXR) stock?
The current trend direction for TCW FLEXIBLE INCOME ETF (FLXR) is Bullish.
What is the RSI signal for TCW FLEXIBLE INCOME ETF (FLXR) stock?
TCW FLEXIBLE INCOME ETF (FLXR) has an RSI value of 45.4182. This indicates that the stock is currently neutral.
What is the MACD signal for FLXR stock?
The MACD indicator for TCW FLEXIBLE INCOME ETF (FLXR) has a value of -0.00704568, indicating a bearish trend.
What is the support and resistance level for FLXR stock?
TCW FLEXIBLE INCOME ETF (FLXR) has a support level at 39.51 and a resistance level at 39.61. Check the full technical report for our detailed analysis of FLXR support and resistance levels.