FLYEXCLUSIVE INC (FLYX) Stock Technical Analysis
NYSEARCA:FLYX • US3439281078
We assign a technical rating of 0 out of 10 to FLYX. FLYX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, FLYX is a bad performer in the overall market: 93% of all stocks are doing better.
- FLYX is one of the lesser performing stocks in the Passenger Airlines industry. 80% of 22 stocks in the same industry do better.
- FLYX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month FLYX has a been trading in the 2.11 - 3.51 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.
- FLYX has an average volume of 2782750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of FLYX 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
2.11
2 important resistance areas can be observed.
- Resistance @2.85 from a trend line in the daily time frame.
- Resistance @4.13 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 FLYX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLYX is down. |
| ChartMill Relative Strength | 7.3 | NEGATIVE | FLYX has a low relative strength, it was outperformed by 92.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLYX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLYX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLYX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.5 | NEUTRAL | The RSI value for FLYX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FLYX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.84 | OVERSOLD | The low Stochastics value suggests FLYX may be oversold. |
| Average True Range in percent/ATR (20) | 14.31 | HIGH VOLATILITY | The high ATR as a percentage value for FLYX suggests high volalility. |
| Average Directional Index/ADX (14) | 11.67 | NEGATIVE | The low ADX value for FLYX suggests a weak or negative trend. |
2.13
-0.08 (-3.62%)
FLYEXCLUSIVE INC / FLYX FAQ
Can you provide the ChartMill technical rating for FLYEXCLUSIVE INC?
ChartMill assigns a technical rating of 0 / 10 to FLYX.
Can you provide the trend direction for FLYEXCLUSIVE INC?
The current trend direction for FLYEXCLUSIVE INC (FLYX) is Bearish.
What is the RSI signal for FLYEXCLUSIVE INC (FLYX) stock?
FLYEXCLUSIVE INC (FLYX) has an RSI value of 36.5005. This indicates that the stock is currently neutral.
What is the short term momentum for FLYX stock?
The short term momentum for FLYEXCLUSIVE INC (FLYX) is negative.
What is the buy/sell signal for FLYX stock?
The buy/sell signal for FLYEXCLUSIVE INC (FLYX) is sell as both the short term and long term trends are negative.