FIRST TRUST EXCHANGE-TRADED (MFLX) Stock Technical Analysis
NASDAQ:MFLX - Nasdaq - US33740F5089 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to MFLX. MFLX'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MFLX is a bad performer in the overall market: 77% of all stocks are doing better.
MFLX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: MFLX has an average volume of 4799 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MFLX has a been trading in a tight range between 16.25 and 17.00.
The technical rating of MFLX 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
15.88
17.79
When analyzing the support we notice one important area.
- A support zone ranging from 16.04 to 16.20. 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 16.32 to 16.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.11 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 | DOWN | NEGATIVE | The long term trend for MFLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFLX is down. |
| ChartMill Relative Strength | 23.96 | NEGATIVE | MFLX has a low relative strength, it was outperformed by 76.04% off all stocks 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) | DOWN | NEGATIVE | The current price of MFLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MFLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.45 | OVERSOLD | The low RSI value suggests MFLX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MFLX has a negative trend. |
| Stochastics (14,3) | 11.58 | OVERSOLD | The low Stochastics value suggests MFLX may be oversold. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for MFLX suggests low volalility. |
| Average Directional Index/ADX (14) | 30.2 | POSITIVE | The high ADX value value for MFLX 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)
NASDAQ:MFLX (7/24/2025, 4:15:15 PM)
16.245
-0.08 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week-0.91%
2 Weeks-1.75%
1 Month-1.9%
3 Month-1.84%
6 Month-3.99%
12 Month-5.25%
2 Year-2.02%
3 Year-5.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.74%
ATR Inc56.43%
Range Today0.05
ADR(20)0.12
ADR(20)%0.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.96
Mansfield-1.27
10 Day High16.58
10 Day Low16.25
20 Day High17
20 Day Low16.25
52 Week High18.91
52 Week Low15.6
CS1 End16.2
CR1 Start16.32
Volume & EV
DER(3)0%
DER(5)-0.83%
Volume1.49K
Volume Incr-15.73%
Vol(5)3.66K
Vol(50)4.80K