(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.
Showing technical analysis as on 2024-05-23 View latest technical analysis
10 day averaged volume of Flexsteel Industries is 14719
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 35.08 | 35.43 | 36.07 | 34.59 | 2.174 times |
| 22 Wed May 2024 | 36.21 | 36.19 | 36.69 | 36.04 | 0.87 times |
| 21 Tue May 2024 | 35.70 | 33.76 | 35.70 | 33.76 | 1.413 times |
| 20 Mon May 2024 | 33.56 | 35.13 | 36.00 | 33.56 | 2.208 times |
| 17 Fri May 2024 | 35.50 | 35.38 | 36.19 | 35.38 | 0.52 times |
| 16 Thu May 2024 | 35.71 | 33.92 | 36.07 | 33.92 | 0.638 times |
| 15 Wed May 2024 | 35.33 | 34.84 | 35.33 | 34.31 | 1.26 times |
| 14 Tue May 2024 | 34.05 | 33.97 | 34.30 | 33.32 | 0.618 times |
| 13 Mon May 2024 | 33.83 | 34.71 | 35.45 | 33.83 | 1.067 times |
| 10 Fri May 2024 | 34.70 | 35.10 | 36.14 | 34.70 | 0.51 times |
Stock of Flexsteel Industries (FLXS) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 34.2 or till 32.4. Use a stoploss of 35.68 and if the stock hits stoploss, then it can shoot up till 37.16
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 |
| Upside Target | 35.49 |
| 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 | 33.53 |
| Downside Intraday Target | 31.98 |
| Upside Intraday Target | 36.66 |
| Upside Intraday Target | 38.24 |
| Upside Intraday Target | 35.11 |
Weekly technical analysis of Flexsteel Industries (FLXS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 35.08 | 35.13 | 36.69 | 33.56 | 1.625 times |
| 17 Fri May 2024 | 35.50 | 34.71 | 36.19 | 33.32 | 0.803 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Flexsteel Industries (FLXS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 35.08 | 33.10 | 39.49 | 32.45 | 0.58 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 | 0.821 times |
Scroll below to view daily charts
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)
Price action analysis of Flexsteel Industries ( (FLXS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Flexsteel Industries ( (FLXS) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Flexsteel Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Flexsteel Industries in short term but the buy signal is initial and weak.
Flexsteel Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Flexsteel Industries in short term but SELL 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 34.84 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 rising upwards.
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.
Price action analysis of Flexsteel Industries ( (FLXS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Flexsteel Industries ( (FLXS) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Flexsteel Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Flexsteel Industries in short term but the buy signal is initial and weak.
Flexsteel Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Flexsteel Industries in short term but SELL 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 34.84 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 rising upwards.
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.