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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.

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Flexsteel Industries is 16599

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	33.91	33.93	34.59	32.59	2.217 times
23 Thu May 2024	35.08	35.43	36.07	34.59	1.928 times
22 Wed May 2024	36.21	36.19	36.69	36.04	0.771 times
21 Tue May 2024	35.70	33.76	35.70	33.76	1.253 times
20 Mon May 2024	33.56	35.13	36.00	33.56	1.958 times
17 Fri May 2024	35.50	35.38	36.19	35.38	0.461 times
16 Thu May 2024	35.71	33.92	36.07	33.92	0.565 times
15 Wed May 2024	35.33	34.84	35.33	34.31	1.117 times
14 Tue May 2024	34.05	33.97	34.30	33.32	0.548 times
13 Mon May 2024	33.83	34.71	35.45	33.83	0.946 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, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34, but if it comes above 34, then a intra day buy could be more profitable.
If you take a sell trade below 34, then use 34 as stoploss and 32.3 as target. However if you take a buy trade in stock , then use 34 as stoploss and 35.5 as target.

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
Upside Target	34.59
Upside Target	35.49
Upside Target	36.69
Upside Target	38.40
Upside Target	39.20
Upside Target	39.49
Upside Target	41.64

Intraday share price targets for Flexsteel Industries (FLXS)

Target Type	Value
Downside Intraday Target	32.8
Downside Intraday Target	31.7
Upside Intraday Target	34.8
Upside Intraday Target	35.7
Downside Intraday Target	33.7

Weekly technical analysis of Flexsteel Industries (FLXS)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	33.91	33.93	34.59	32.59	0.375 times
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

Price has moved down 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
28 Tue May 2024	33.91	33.10	39.49	32.45	0.651 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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. Bulls are getting tired and bears are picking up momentum.

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 and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.67 and Flexsteel Industries (FLXS) stock is trading below this level. This means that stock is falling with high volumes. 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.