MFLX NEWS why is Multi-fineline Electronix, Inc. price falling or rising

MFLX NEWS reasons for why stock price of Multi-fineline Electronix, Inc. is falling or rising

MFLX Multi Fineline is falling or rising technical reasons

Technical analysis forecast of Multi Fineline Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Multi Fineline MFLX at this time. Stock is rising and might rise more.

It appears as if Multi Fineline MFLX gave a large move recently.

Stock of Multi Fineline (MFLX) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Multi Fineline is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 17.3 as stoploss in an intra day sell trade for a target of 17.23. However, stock will show a bullish move above 17.3.

MFLX Multi Fineline is falling or rising NEWS fundamental reasons

More announcements and NEWS

MFLX Multi-fineline Electronix, Inc. current price & indicator signals

Moving Averages for Multi-fineline Electronix, Inc.

  • 5Day Average: 17.29
  • 12Day Average: 17.27
  • 20Day Average: 17.26
  • 50Day Average: 17.15
  • 100Day Average: 16.99
  • 150Day Average: 16.98
  • 200Day Average: 16.9

MFLX Indicators & signals

Indicator MACD (12,26,9)

17.27, 17.22, 0.05
Indicator MACD is in positive zone

Indicator ADX (14)

0, 77.78, 77.78
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MFLX Multi-fineline Electronix, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Thu Aug 2024 17.28 17.28 to 17.28 0.12% 0.27 times
21 Wed Aug 2024 17.26 17.25 to 17.30 -0.12% 0.27 times
20 Tue Aug 2024 17.28 17.28 to 17.31 -0.35% 0.11 times
19 Mon Aug 2024 17.34 17.24 to 17.34 0.41% 0.87 times
16 Fri Aug 2024 17.27 17.23 to 17.32 0.17% 3.21 times
15 Thu Aug 2024 17.24 17.20 to 17.24 -0.63% 1.74 times
14 Wed Aug 2024 17.35 17.26 to 17.35 0.41% 0.33 times
13 Tue Aug 2024 17.28 17.28 to 17.28 0.35% 0.07 times
12 Mon Aug 2024 17.22 17.20 to 17.23 -0.12% 2.87 times
09 Fri Aug 2024 17.24 17.19 to 17.25 0.12% 0.47 times
08 Thu Aug 2024 17.22 17.22 to 17.22 -0.17% 0.07 times
07 Wed Aug 2024 17.25 17.21 to 17.28 -0.58% 6.84 times

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