FIRST TRUST EXCHANGE-TRADED (MFLX) Technical Analysis
NASDAQ:MFLX • US33740F5089
Current stock price
MFLX Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to MFLX. In the last year, MFLX was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- Warning: MFLX has an average volume of 6508 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, MFLX turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- MFLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MFLX is lagging the market.
- In the last month MFLX has a been trading in a tight range between 16.64 and 17.35.
- Volume is considerably higher in the last couple of days.
MFLX Weekly and Daily overview Charts
MFLX Setup Rating and Analysis
Although the technical rating is only medium, MFLX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.14, a Stop Loss order could be placed below this zone.
More info and screens
MFLX Support and Resistance Analysis
16.23
We found 2 important support areas.
- A support zone ranging from 16.86 to 17.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.39 to 16.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.18 to 17.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
MFLX 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 MFLX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MFLX is neutral. |
| ChartMill Relative Strength | 40.45 | NEUTRAL | MFLX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MFLX is above 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) | 59.18 | NEUTRAL | The RSI value for MFLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MFLX has a positive trend. |
| Stochastics (14,3) | 64.98 | NEUTRAL | The Stochastics value for MFLX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for MFLX suggests low volalility. |
| Average Directional Index/ADX (14) | 28.32 | POSITIVE | The high ADX value value for MFLX suggests a strong trend. |
MFLX Chart- and CandleStick Pattern Analysis
MFLX Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MFLX (4/15/2026, 4:30:01 PM)
17.1453
+0.08 (+0.44%)
FIRST TRUST EXCHANGE-TRADED / MFLX TA FAQ
Can you provide the ChartMill technical rating for FIRST TRUST EXCHANGE-TRADED?
ChartMill assigns a technical rating of 4 / 10 to MFLX.
What is the current trend direction of FIRST TRUST EXCHANGE-TRADED (MFLX) stock?
The current trend direction for FIRST TRUST EXCHANGE-TRADED (MFLX) is Bearish.
What is the RSI signal for FIRST TRUST EXCHANGE-TRADED (MFLX) stock?
FIRST TRUST EXCHANGE-TRADED (MFLX) has an RSI value of 59.177. This indicates that the stock is currently neutral.
What is the support and resistance level for MFLX stock?
FIRST TRUST EXCHANGE-TRADED (MFLX) has a support level at 17.14 and a resistance level at 17.18. Check the full technical report for our detailed analysis of MFLX support and resistance levels.