FLEX LNG LTD (FLNG)

BMG359472021 - Common Stock

26.6  +0.09 (+0.34%)

After market: 26.6 0 (0%)

Technical Rating and Analysis

3

Overall FLNG gets a technical rating of 3 out of 10. In the past year, FLNG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

81% of all other stocks performed better in the past year than FLNG.
FLNG is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, of which 82% are performing better than FLNG.
FLNG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FLNG is lagging the market.
In the last month FLNG has a been trading in the 24.95 - 26.65 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Weekly and Daily overview Charts
FLNG Weekly chart
FLNG Daily chart
Setup Rating and Analysis

7

FLNG has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

24.13

32.61

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 25.03 to 26.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 24.37 to 24.37. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 26.61 to 27.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 29.52 to 29.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 30.71 to 30.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @32.29 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.21
Mansfield-1.88
10 Day High26.65
10 Day Low25.58
20 Day High26.65
20 Day Low24.95
52 Week High33.33
52 Week Low24.16
Performance
1 Week1.72%
2 Weeks3.14%
1 Month3.46%
3 Month-7.67%
6 Month-14.47%
12 Month-17.37%
2 Year-0.82%
3 Year72.73%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)63.09
LBB25.21
UBB26.71
FLNG Daily chart

FLEX LNG LTD

NYSE:FLNG (5/3/2024, 7:04:00 PM)

After market: 26.6 0 (0%)

26.6

+0.09 (+0.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.34%
1 Week1.72%
2 Weeks3.14%
1 Month3.46%
3 Month-7.67%
6 Month-14.47%
12 Month-17.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.39
ATR(20)%1.55%
ATR Inc
Range Today0.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High26.65
10 Day Low25.58
20 Day High26.65
20 Day Low24.95
52 Week High33.33
52 Week Low24.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume186.20K
Volume Incr0.57%
Vol(5)227.30K
Vol(50)294.81K