FLEXSTEEL INDS (FLXS) Stock Technical Analysis
NASDAQ:FLXS - US3393821034 - Common Stock
46.38 USD
-0.28 (-0.6%)
46.38 USD
0 (0%)
Overall FLXS gets a technical rating of 8 out of 10. In the last year, FLXS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: FLXS has an average volume of 28862 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FLXS is one of the better performing stocks in the Household Durables industry, it outperforms 91% of 61 stocks in the same industry.
In the last month FLXS has a been trading in the 32.65 - 47.99 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, FLXS did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
FLXS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLXS is lagging the market.
Although FLXS has an excellent technical rating, it does not present a decent entry opportunity 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
28.83
46.84
4 important support areas can be observed.
- Support @35.74 from a trend line in the weekly time frame.
- Support @35.07 from a trend line in the daily time frame.
- Support @31.14 from a trend line in the weekly time frame.
- Support @29.12 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for FLXS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLXS is up. |
| ChartMill Relative Strength | 86.98 | POSITIVE | FLXS has a high relative strength, it outperformed 86.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLXS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLXS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FLXS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.8 | OVERBOUGHT | The high RSI value suggests FLXS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.99 | POSITIVE | The MACD value suggests FLXS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.01 | OVERBOUGHT | The high Stochastics value suggests FLXS may be overbought. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for FLXS suggests some volalility. |
| Average Directional Index/ADX (14) | 36.94 | POSITIVE | The high ADX value value for FLXS suggests a strong 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)
46.38
-0.28 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.6%
1 Week5.48%
2 Weeks31.72%
1 Month38.7%
3 Month52.72%
6 Month3.09%
12 Month12.08%
2 Year105.22%
3 Year165.18%
5 Year179.74%
10 Year50.58%
15 Year227.77%
Volatility
ATR(14)2.66
ATR(20)%4.98%
ATR Inc-40.57%
Range Today0.63
ADR(20)2.01
ADR(20)%4.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.98
Mansfield-0.22
10 Day High47.99
10 Day Low35.66
20 Day High47.99
20 Day Low32.65
52 Week High65.87
52 Week Low29.38
CS1 End35.74
CR1 StartN/A
Volume & EV
DER(3)-2.63%
DER(5)-0.77%
Volume12.30K
Volume Incr25.86%
Vol(5)35.82K
Vol(50)28.86K