FIRST TRUST EXCHANGE-TRADED (MFLX) Stock Technical Analysis
NASDAQ:MFLX • US33740F5089
Taking everything into account, MFLX scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MFLX is a bad performer.
- When comparing the yearly performance of all stocks, MFLX is a bad performer in the overall market: 61% of all stocks are doing better.
- Warning: MFLX has an average volume of 4368 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- MFLX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MFLX is lagging the market slightly.
- In the last month MFLX has a been trading in a tight range between 16.94 and 17.35.
- Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, MFLX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.24, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.30
We found 2 important support areas.
- A support zone ranging from 16.89 to 17.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.46 to 16.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @17.30 from a trend line in the weekly time frame.
- Resistance @17.61 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for MFLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFLX is up. |
| ChartMill Relative Strength | 39.03 | NEUTRAL | MFLX is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of MFLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.89 | OVERBOUGHT | The high RSI value suggests MFLX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MFLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.3 | NEUTRAL | The Stochastics value for MFLX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for MFLX suggests low volalility. |
| Average Directional Index/ADX (14) | 49.16 | POSITIVE | The high ADX value value for MFLX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.31 | 17.05 | 0.26 (1.49%) | 25.00% |
| An entry @17.31. This is a Buy Stop order right above the resistance zone. | An exit @17.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.26 points, which is 1.49%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:MFLX (2/19/2026, 2:23:08 PM)
17.28
+0.02 (+0.09%)
FIRST TRUST EXCHANGE-TRADED / MFLX FAQ
Can you provide the ChartMill technical rating for FIRST TRUST EXCHANGE-TRADED?
ChartMill assigns a technical rating of 6 / 10 to MFLX.
What is the current trend direction of FIRST TRUST EXCHANGE-TRADED (MFLX) stock?
The current trend direction for FIRST TRUST EXCHANGE-TRADED (MFLX) is Bullish.
What is the RSI signal for MFLX stock?
FIRST TRUST EXCHANGE-TRADED (MFLX) has an RSI value of 71.8899. This indicates that the stock is currently overbought.
What is the MACD signal for FIRST TRUST EXCHANGE-TRADED (MFLX) stock?
The MACD indicator for FIRST TRUST EXCHANGE-TRADED (MFLX) has a value of 0.0148399, indicating a bearish trend.
What is the support and resistance level for MFLX stock?
FIRST TRUST EXCHANGE-TRADED (MFLX) has a support level at 17.24 and a resistance level at 17.28. Check the full technical report for our detailed analysis of MFLX support and resistance levels.