FLEXSTEEL INDS (FLXS) Technical Analysis
NASDAQ:FLXS • US3393821034
Current stock price
43.4 USD
-1.44 (-3.21%)
At close:
43.4 USD
0 (0%)
After Hours:
FLXS Technical Rating and Analysis
Taking everything into account, FLXS scores 3 out of 10 in our technical rating. FLXS has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month FLXS has a been trading in the 43.00 - 54.95 range, which is quite wide. It is currently trading near the lows of this range.
- FLXS is one of the better performing stocks in the Household Durables industry, it outperforms 89% of 60 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that FLXS is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- FLXS 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 FLXS is lagging the market slightly.
FLXS Weekly and Daily overview Charts
FLXS Setup Rating and Analysis
The technical rating of FLXS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
FLXS Support and Resistance Analysis
28.83
57.57
5 important support areas can be observed.
- Support @41.13 from a trend line in the daily time frame.
- A support zone ranging from 38.49 to 38.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.34 from a trend line in the weekly time frame.
- Support @33.36 from a horizontal line in the daily time frame.
- Support @29.12 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 45.49 to 46.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @57.00 from a trend line in the weekly time frame.
FLXS Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for FLXS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLXS is down. |
| ChartMill Relative Strength | 76.12 | POSITIVE | FLXS has a high relative strength, it outperformed 76.12% 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) | UP | POSITIVE | The current price of FLXS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.07 | NEUTRAL | The RSI value for FLXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests FLXS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.71 | OVERSOLD | The low Stochastics value suggests FLXS may be oversold. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for FLXS suggests high volalility. |
| Average Directional Index/ADX (14) | 24.6 | NEUTRAL | The ADX value for FLXS suggests a possible start of a new trend. |
FLXS Chart- and CandleStick Pattern Analysis
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)
FLXS Technicals: Chart, Performance Metrics, Trend & Indicators
43.4
-1.44 (-3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-3.21%
1 Week-4.34%
2 Weeks-7.68%
1 Month-18.62%
3 Month7.56%
6 Month-10.07%
12 Month13.32%
2 Year16.35%
3 Year125.34%
5 Year24.53%
10 Year-0.64%
15 Year188.18%
Volatility
ATR(14)2.74
ATR(20)%5.76%
ATR Inc-47.15%
Range Today1.75
ADR(20)2.42
ADR(20)%5.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.12
3 months CRS85.37
6 months CRS33.2
Mansfield0.8
10 Day High48.46
10 Day Low43
20 Day High54.95
20 Day Low43
52 Week High59.95
52 Week Low29.38
CS1 End41.13
CR1 Start45.49
Volume & EV
DER(3)-1.35%
DER(5)0.4%
Volume33.60K
Volume Incr-24.3%
Vol(5)27.46K
Vol(50)36.40K
FLEXSTEEL INDS / FLXS TA FAQ
Can you provide the ChartMill technical rating for FLEXSTEEL INDS?
ChartMill assigns a technical rating of 3 / 10 to FLXS.
What is the current trend direction of FLEXSTEEL INDS (FLXS) stock?
The current trend direction for FLEXSTEEL INDS (FLXS) is Bearish.
Can you provide the RSI signal for FLEXSTEEL INDS?
FLEXSTEEL INDS (FLXS) has an RSI value of 34.0707. This indicates that the stock is currently neutral.
What is the MACD signal for FLXS stock?
The MACD indicator for FLEXSTEEL INDS (FLXS) has a value of -0.725756, indicating a bearish trend.