FIRST TRUST EXCHANGE-TRADED (MFLX) Stock Technical Analysis
USA - NASDAQ:MFLX - US33740F5089 - ETF
16.995 USD
-0.01 (-0.06%)
Overall MFLX gets a technical rating of 5 out of 10. MFLX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, MFLX is a bad performer in the overall market: 71% of all stocks are doing better.
Warning: MFLX has an average volume of 4148 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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 the 16.32 - 17.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MFLX has an average technical rating and it also does not offer a high 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
2 important support areas can be observed.
- A support zone ranging from 16.49 to 16.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.04 to 16.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Strong resistance @17.11 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for MFLX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFLX is up. |
| ChartMill Relative Strength | 29.66 | NEGATIVE | MFLX has a low relative strength, it was outperformed by 70.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFLX is above the rising 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) | DOWN | MIXED | The current price of MFLX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.22 | OVERBOUGHT | The high RSI value suggests MFLX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MFLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.14 | NEUTRAL | The Stochastics value for MFLX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for MFLX suggests low volalility. |
| Average Directional Index/ADX (14) | 42.54 | 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 (9/19/2025, 8:00:01 PM)
16.995
-0.01 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.06%
1 Week0.12%
2 Weeks1.95%
1 Month3.72%
3 Month2.38%
6 Month-0.32%
12 Month-3.27%
2 Year7.97%
3 Year8.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.09%
ATR Inc51.75%
Range Today0.05
ADR(20)0.17
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.66
Mansfield-0.99
10 Day High17.76
10 Day Low16.61
20 Day High17.76
20 Day Low16.32
52 Week High18.91
52 Week Low15.6
CS1 End16.95
CR1 Start17.11
Volume & EV
DER(3)0.21%
DER(5)0.12%
Volume2.20K
Volume Incr27.38%
Vol(5)4.42K
Vol(50)4.15K