NASDAQ:MFLX - Nasdaq - US33740F5089 - ETF - Currency: USD
Overall MFLX gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, MFLX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
15.88
We found 1 important support area.
2 important resistance areas can be observed.
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 | 36.16 | 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) | 47.49 | NEUTRAL | The RSI value for MFLX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MFLX has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 10.78 | OVERSOLD | The low Stochastics value suggests MFLX may be oversold. |
Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for MFLX suggests low volalility. |
Average Directional Index/ADX (14) | 13.44 | NEGATIVE | The low ADX value for MFLX suggests a weak or negative trend. |
NASDAQ:MFLX (6/5/2025, 4:30:01 PM)
16.52
+0.02 (+0.12%)