Combined Discounts do not apply as expected

The new combined discounts do not seem to work as expected.

Acc. to the documentation

Whether the discount is automatic or it’s a code, the best discount for the customer is always selected.

This, however, is a little unclear when it comes to two automatic discounts.

On our store, we have standing deals for bulk discounts. (i.e. buy 50 of one item gets $1 off, 100+ gets 1.50). We also use automatic discounts for flash sales (i.e. 10% off anything)

So if I have a product cost $11.95, I would expect the following:

Quantity Flash Price Bulk Price Discount Used
1-49 $10.76 $11.95 Flash
50-99 $10.76 $10.95 Flash
100+ $10.76 $10.45

Bulk

When I expect the Bulk discount to apply, it doesn’t. The Flash sales is used, even though $10.45 is the better deal.

I want to be able to combine the Flash sale with the Bulk pricing so a customer can still buy one item in bulk, but another item not in bulk — they should get the Flash discount on the non-bulk item, but the Bulk discount on the bulk item.

Any insights into why?