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(FLXS) Flexsteel Industries complete technical analysis [charts+indicators] | Buy/Sell Flexsteel Industries | (FLXS) share price targets

Complete technical analysis of Flexsteel Industries (FLXS) by charts plus indicators, forecast predictions and share price targets for Flexsteel Industries (FLXS)

Flexsteel Industries trades in USA in Consumer Durables sector.

10 day averaged volume of Flexsteel Industries is 13823

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 35.71 33.92 36.07 33.92 0.679 times
15 Wed May 2024 35.33 34.84 35.33 34.31 1.341 times
14 Tue May 2024 34.05 33.97 34.30 33.32 0.658 times
13 Mon May 2024 33.83 34.71 35.45 33.83 1.136 times
10 Fri May 2024 34.70 35.10 36.14 34.70 0.543 times

My analysis of stock is bearish for shortterm, and stock might move down till 34.7 or till 32.6. Use a stoploss of 36.47 and if the stock hits stoploss, then it can shoot up till 38.25

Share price targets for Flexsteel Industries (FLXS)

Target Type Value
Downside Target 17.55
Downside Target 26.62
Downside Target 30.99
Downside Target 32.45
Downside Target 33.32
Downside Target 34.70
Downside Target 35.49
Upside Target 37.36
Upside Target 38.40
Upside Target 39.20
Upside Target 39.32
Upside Target 39.49
Upside Target 41.64

Intraday share price targets for Flexsteel Industries (FLXS)

Target Type Value
Downside Intraday Target 34
Downside Intraday Target 32.28
Upside Intraday Target 36.75
Upside Intraday Target 37.78
Downside Intraday Target 35.03

Weekly technical analysis of Flexsteel Industries (FLXS)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 35.71 34.71 36.07 33.32 0.701 times
10 Fri May 2024 34.70 37.94 39.49 34.70 0.611 times
03 Fri May 2024 37.53 37.80 39.20 32.45 1.41 times
26 Fri Apr 2024 37.61 37.51 39.32 37.36 1.115 times
19 Fri Apr 2024 37.49 37.51 38.97 36.37 0.686 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Flexsteel Industries (FLXS)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 35.71 33.10 39.49 32.45 0.375 times
30 Tue Apr 2024 32.96 36.93 41.64 32.50 0.907 times
28 Thu Mar 2024 37.30 35.22 38.40 31.37 0.871 times
29 Thu Feb 2024 34.85 28.60 35.49 26.62 0.957 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Flexsteel Industries (FLXS)

Indicator Name Indicator Value Indicator Signal
ADX 17, 23, 14 Sell
MACD -1, -0Sell
Stochastics 31None
CCI -26Buy
RSI 45Sell
OBV 48125Sell
VWAP 36Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Flexsteel Industries ( (FLXS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Flexsteel Industries ( (FLXS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Flexsteel Industries ( (FLXS) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Flexsteel Industries ( (FLXS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Flexsteel Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Flexsteel Industries in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Flexsteel Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Flexsteel Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Flexsteel Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.61 and Flexsteel Industries (FLXS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Flexsteel Industries (FLXS) stock. Volume based technical analysis of Flexsteel Industries (FLXS) stock is negative.

Flexsteel Industries Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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