Flex Ltd., headquartered in Austin, Texas, is a global provider of technology, supply chain, and manufacturing solutions across Asia, the Americas, and Europe. Serving industries like data centers, automotive, healthcare, and consumer electronics, it operates through two segments: Flex Agility Solutions (FAS), focused on fast-moving consumer and communications markets, and Flex Reliability Solutions (FRS), catering to complex, high-reliability sectors like industrial, medical, and automotive. Beyond manufacturing, Flex offers design, engineering, logistics, and circular economy services. Founded in 1969, it rebranded from Flextronics to Flex Ltd. in 2016.
FLEX —  NASDAQ —
Current RSI of this stock is 71.74, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our stock trading advice in Saudi Arabia, Flex stock price target will be USD 45 - USD 45.5 in the next 12-14 trading sessions.
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