Flex Stock Technical Analysis

FLEX Stock  USD 28.53  0.90  3.26%   
As of the 24th of April, Flex shows the Downside Deviation of 1.65, mean deviation of 1.59, and Coefficient Of Variation of 586.32. Flex technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Flex, which can be compared to its peers. Please confirm Flex variance, as well as the relationship between the value at risk and skewness to decide if Flex is priced favorably, providing market reflects its regular price of 28.53 per share. Given that Flex has jensen alpha of 0.194, we urge you to verify Flex's prevailing market performance to make sure the company can sustain itself at a future point.

Flex Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Flex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Flex
  
Flex's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Flex Analyst Consensus

Target PriceAdvice# of Analysts
32.83Strong Buy9Odds
Flex current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Flex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Flex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Flex, talking to its executives and customers, or listening to Flex conference calls.
Flex Analyst Advice Details
Flex technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Flex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Flex trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Flex Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Flex volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Flex Trend Analysis

Use this graph to draw trend lines for Flex. You can use it to identify possible trend reversals for Flex as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Flex price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Flex Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Flex applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Flex will continue generating value for investors. It has 122 observation points and a regression sum of squares at 104.67, which is the sum of squared deviations for the predicted Flex price change compared to its average price change.

About Flex Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Flex on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Flex based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Flex price pattern first instead of the macroeconomic environment surrounding Flex. By analyzing Flex's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Flex's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Flex specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield2.4E-52.2E-5
Price To Sales Ratio0.40.57

Flex April 24, 2024 Technical Indicators

Most technical analysis of Flex help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Flex from various momentum indicators to cycle indicators. When you analyze Flex charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Flex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flex Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.
Note that the Flex information on this page should be used as a complementary analysis to other Flex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Flex Stock analysis

When running Flex's price analysis, check to measure Flex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flex is operating at the current time. Most of Flex's value examination focuses on studying past and present price action to predict the probability of Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flex's price. Additionally, you may evaluate how the addition of Flex to your portfolios can decrease your overall portfolio volatility.
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Is Flex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flex. If investors know Flex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
1.68
Revenue Per Share
66.374
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0425
The market value of Flex is measured differently than its book value, which is the value of Flex that is recorded on the company's balance sheet. Investors also form their own opinion of Flex's value that differs from its market value or its book value, called intrinsic value, which is Flex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flex's market value can be influenced by many factors that don't directly affect Flex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.