FLEXSTEEL INDS (FLXS)

US3393821034 - Common Stock

38.2  +0.88 (+2.36%)

Technical Rating and Analysis

9

Taking everything into account, FLXS scores 9 out of 10 in our technical rating. In the last year, FLXS was one of the better performers, but we do observe some doubts in the very recent evolution.

Warning: FLXS has an average volume of 26042 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, FLXS did better than 96% of all other stocks. On top of that, FLXS also shows a nice and consistent pattern of rising prices.
FLXS is one of the better performing stocks in the Household Durables industry, it outperforms 100% of 67 stocks in the same industry.
FLXS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FLXS is performing more or less in line with the market.
In the last month FLXS has a been trading in the 32.45 - 41.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
FLXS Weekly chart
FLXS Daily chart
Setup Rating and Analysis

5

FLXS has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

16.71

39.06

We found 4 important support areas.

  • A support zone ranging from 37.31 to 37.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @32.95 from a horizontal line in the daily time frame.
  • Support @21.41 from a trend line in the daily time frame.
  • Support @16.88 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @38.67 from a trend line in the daily 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
CRS96.81
Mansfield4.35
10 Day High39.32
10 Day Low32.45
20 Day High41.12
20 Day Low32.45
52 Week High41.64
52 Week Low15.67
Performance
1 Week-3.39%
2 Weeks-0.27%
1 Month-6.51%
3 Month32.34%
6 Month99.57%
12 Month121.09%
2 Year91.58%
3 Year-19.71%
5 Year117.61%
10 Year12.14%
15 Year377.85%
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)-0.41
RSI(14)50.32
LBB34.55
UBB40.65
FLXS Daily chart

FLEXSTEEL INDS

NASDAQ:FLXS (5/3/2024, 10:38:43 AM)

38.2

+0.88 (+2.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.36%
1 Week-3.39%
2 Weeks-0.27%
1 Month-6.51%
3 Month32.34%
6 Month99.57%
12 Month121.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.91
ATR(20)%4.59%
ATR Inc
Range Today0.3
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 High39.32
10 Day Low32.45
20 Day High41.12
20 Day Low32.45
52 Week High41.64
52 Week Low15.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.79K
Volume Incr14.1%
Vol(5)26.18K
Vol(50)26.04K