Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Flexsteel Industries, Inc.

FLXSNASDAQ
Consumer Cyclical
Furnishings, Fixtures & Appliances
$53.44
$0.00(0.00%)
U.S. Market is Open • 09:31

Flexsteel Industries, Inc. (FLXS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Flexsteel Industries, Inc. (NASDAQ:FLXS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FLXS Technical Analysis Summary

Flexsteel Industries, Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.79)
Trend Strength:Strong (ADX: 37.04)
Volatility:Medium (ATR: 2.57)
Support/Resistance:$40.85 – $62.76 (Bollinger Bands)

Overall, Flexsteel Industries, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 54.79

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 33.10

Bearish
Momentum remains weak below midpoint.

Williams %R: -98.53

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.56

Strongly Bearish
Sharp downside momentum.

Takeaway:Flexsteel Industries, Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 2.53

Bullish
Bullish, trend momentum is strengthening.

ADX: 37.04

Strong
Strong trend, momentum well established.

ATR (14): 2.57

Medium
Medium volatility, healthy price movement.

CCI (14): -108.12

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Flexsteel Industries, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$62.76
Middle Band (SMA 20)
$51.81
Lower Band
$40.85
Current Position
Within Bands

Takeaway:Flexsteel Industries, Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$56.38
Middle Line (EMA 20)
$51.24
Lower Channel
$46.10
Squeeze Status
No Squeeze

Takeaway:Flexsteel Industries, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume133.68K
Money Flow Index33.14Bearish, selling pressure outweighs inflows.
Relative Vigor Index31.53Bearish, price momentum favors sellers.

Overall Takeaway:FLXS shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Flexsteel Industries, Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Flexsteel Industries, Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ