FIRST TRUST EXCHANGE-TRADED (MFLX) Stock Technical Analysis
USA - NASDAQ:MFLX - US33740F5089 - ETF
We assign a technical rating of 6 out of 10 to MFLX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MFLX is only an average performer.
Although the technical rating is only medium, MFLX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.07, a Stop Loss order could be placed below this zone.
More info and screens
15.88
We found 3 important support areas.
- A support zone ranging from 16.89 to 17.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.49 to 16.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 16.04 to 16.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.09 to 17.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 17.61 to 17.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for MFLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFLX is up. |
| ChartMill Relative Strength | 50.76 | NEUTRAL | MFLX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MFLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.44 | NEUTRAL | The RSI value for MFLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MFLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.95 | OVERSOLD | The low Stochastics value suggests MFLX may be oversold. |
| Average True Range in percent/ATR (20) | 0.62 | LOW VOLATILITY | The low ATR as a percentage value for MFLX suggests low volalility. |
| Average Directional Index/ADX (14) | 27.73 | POSITIVE | The high ADX value value for MFLX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.17 | 17.05 | 0.12 (0.70%) | 25.00% |
| An entry @17.17. This is a Buy Stop order right above the 10 day high. | An exit @17.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 0.70%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MFLX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:MFLX (11/14/2025, 8:01:56 PM)
17.09
0 (0%)
FIRST TRUST EXCHANGE-TRADED / MFLX FAQ
Can you provide the ChartMill technical rating for FIRST TRUST EXCHANGE-TRADED?
ChartMill assigns a technical rating of 6 / 10 to MFLX.
Can you provide the trend direction for FIRST TRUST EXCHANGE-TRADED?
The current trend direction for FIRST TRUST EXCHANGE-TRADED (MFLX) is Bullish.
What is the RSI signal for MFLX stock?
FIRST TRUST EXCHANGE-TRADED (MFLX) has an RSI value of 54.4386. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST TRUST EXCHANGE-TRADED?
The MACD indicator for FIRST TRUST EXCHANGE-TRADED (MFLX) has a value of -0.0109687, indicating a bearish trend.
Can you provide the buy/sell signal for FIRST TRUST EXCHANGE-TRADED?
The buy/sell signal for FIRST TRUST EXCHANGE-TRADED (MFLX) is buy as both the short term and long term trends are positive.