FLEXSTEEL INDS (FLXS) Stock Technical Analysis
NASDAQ:FLXS - Nasdaq - US3393821034 - Common Stock - Currency: USD
Taking everything into account, FLXS scores 2 out of 10 in our technical rating. FLXS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, FLXS is a bad performer in the overall market: 71% of all stocks are doing better.
FLXS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FLXS is lagging the market.
In the last month FLXS has a been trading in the 33.00 - 40.57 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.
Warning: FLXS has an average volume of 22066 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
FLXS is part of the Household Durables industry. There are 63 other stocks in this industry, FLXS did better than 64% of them.
Considerably lower volume is observed in the last couple of days.
The technical rating of FLXS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
28.83
39.82
We found 2 important support areas.
- Support @30.51 from a trend line in the weekly time frame.
- A support zone ranging from 29.12 to 29.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 35.57 to 36.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.43 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 FLXS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLXS is down. |
| ChartMill Relative Strength | 29.06 | NEGATIVE | FLXS has a low relative strength, it was outperformed by 70.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLXS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FLXS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLXS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.83 | NEUTRAL | The RSI value for FLXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests FLXS has a negative trend. |
| Stochastics (14,3) | 4.58 | OVERSOLD | The low Stochastics value suggests FLXS may be oversold. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for FLXS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.65 | NEUTRAL | The ADX value for FLXS suggests a possible start of a new 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:FLXS (8/1/2025, 8:00:00 PM)
33.44
-0.57 (-1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.68%
1 Week-9.2%
2 Weeks-9.79%
1 Month-14.78%
3 Month-0.68%
6 Month-32.21%
12 Month-5.54%
2 Year47.96%
3 Year91.2%
5 Year101.69%
10 Year8.57%
15 Year136.33%
Volatility
ATR(14)1.32
ATR(20)%4.05%
ATR Inc-34.39%
Range Today0.98
ADR(20)1.3
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.06
Mansfield-2.74
10 Day High38.55
10 Day Low33
20 Day High40.57
20 Day Low33
52 Week High65.87
52 Week Low29.38
CS1 End30.51
CR1 Start35.57
Volume & EV
DER(3)-3.71%
DER(5)-4.32%
Volume15.80K
Volume Incr-57.05%
Vol(5)12.02K
Vol(50)22.07K