FIRST TRUST EXCHANGE-TRADED (MFLX) Stock Technical Analysis
NASDAQ:MFLX - Nasdaq - US33740F5089 - ETF - Currency: USD
Taking everything into account, MFLX scores 0 out of 10 in our technical rating. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MFLX is a bad performer in the overall market: 69% 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 4806 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 16.40 and 17.24.
Although the technical rating is bad, MFLX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
15.88
17.79
When analyzing the support we can see 2 important areas.
- Support @16.49 from a horizontal line in the daily time frame.
- A support zone ranging from 16.04 to 16.16. 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 16.52 to 16.72. 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 | NEUTRAL | NEUTRAL | The short term trend for MFLX is neutral. |
| ChartMill Relative Strength | 31.05 | 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) | 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) | 46 | NEUTRAL | The RSI value for MFLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MFLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.07 | OVERSOLD | The low Stochastics value suggests MFLX may be oversold. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for MFLX suggests low volalility. |
| Average Directional Index/ADX (14) | 34.09 | 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 (6/27/2025, 10:32:26 AM)
16.5089
+0.01 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week-0.18%
2 Weeks0.06%
1 Month-0.33%
3 Month-2.14%
6 Month-2.51%
12 Month-2.91%
2 Year-0.27%
3 Year-0.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%1%
ATR Inc-55.24%
Range Today0.05
ADR(20)0.16
ADR(20)%0.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.05
Mansfield-0.92
10 Day High17.09
10 Day Low16.4
20 Day High17.24
20 Day Low16.4
52 Week High18.91
52 Week Low15.6
CS1 End16.49
CR1 Start16.52
Volume & EV
DER(3)0.9%
DER(5)0.54%
Volume489
Volume Incr-42.76%
Vol(5)3.24K
Vol(50)4.81K