FIRST TRUST EXCHANGE-TRADED (MFLX) Stock Technical Analysis
NASDAQ:MFLX - Nasdaq - US33740F5089 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to MFLX. MFLX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: MFLX has an average volume of 3240 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 the 15.93 - 17.35 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, MFLX outperforms 46% of them, which is more or less in line with the market.
MFLX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
MFLX has a poor technical rating and the quality of the setup is also not perfect 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 16.07. 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 16.72 to 17.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.41 to 17.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.34
Mansfield-0.34
10 Day High17.35
10 Day Low16.11
20 Day High17.35
20 Day Low15.93
52 Week High18.91
52 Week Low15.6
Performance
1 Week0.06%
2 Weeks0.52%
1 Month-3.27%
3 Month-3.21%
6 Month-3.83%
12 Month-1.55%
2 Year1.53%
3 Year-3.61%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)49
LBB16.18
UBB16.74
NASDAQ:MFLX (5/2/2025, 8:09:42 PM)
16.56
+0.08 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.49%
1 Week0.06%
2 Weeks0.52%
1 Month-3.27%
3 Month-3.21%
6 Month-3.83%
12 Month-1.55%
2 Year1.53%
3 Year-3.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.21%
ATR Inc63.26%
Range Today0.79
ADR(20)0.29
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.34
Mansfield-0.34
10 Day High17.35
10 Day Low16.11
20 Day High17.35
20 Day Low15.93
52 Week High18.91
52 Week Low15.6
CS1 End16.07
CR1 Start16.72
Volume & EV
DER(3)-5.09%
DER(5)-3.06%
Volume900
Volume Incr-75.71%
Vol(5)1.46K
Vol(50)3.24K