Logo image of FLNG

FLEX LNG LTD (FLNG) Stock Technical Analysis

NYSE:FLNG - New York Stock Exchange, Inc. - BMG359472021 - Common Stock - Currency: USD

23.62  -0.02 (-0.08%)

Premarket: 23.5 -0.12 (-0.51%)

Technical Rating and Analysis

3

Taking everything into account, FLNG scores 3 out of 10 in our technical rating. FLNG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, FLNG is a bad performer in the overall market: 62% of all stocks are doing better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
FLNG is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, FLNG did better than 60% of them.
FLNG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLNG is lagging the market.
In the last month FLNG has a been trading in the 22.24 - 25.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
FLEX LNG LTD / FLNG Weekly stock chart
FLEX LNG LTD / FLNG Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, FLNG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.55, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

23.10

27.18

When analyzing the support we notice one important area.

  • A support zone ranging from 23.33 to 23.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 24.02 to 25.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @26.91 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for FLNG is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for FLNG is neutral.
ChartMill Relative Strength38.94NEUTRALFLNG is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of FLNG is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of FLNG is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of FLNG is below a declining SMA(200).
Relative Strength Index/RSI (14)47.3NEUTRALThe RSI value for FLNG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.06NEGATIVEThe MACD value suggests FLNG has a negative trend.
Stochastics (14,3)51.37NEUTRALThe Stochastics value for FLNG is a neutral value.
Average True Range in percent/ATR (20)2.73MEDIUM VOLATILITYThe ATR as a percentage value for FLNG suggests some volalility.
Average Directional Index/ADX (14)19.99NEGATIVEThe low ADX value for FLNG suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
FLEX LNG LTD / FLNG Daily stock chart

FLEX LNG LTD

NYSE:FLNG (6/10/2025, 8:04:00 PM)

Premarket: 23.5 -0.12 (-0.51%)

23.62

-0.02 (-0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.08%
1 Week-3.79%
2 Weeks1.33%
1 Month-2.07%
3 Month8.4%
6 Month5.97%
12 Month-8.63%
2 Year-22.63%
3 Year-13.76%
5 Year411.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%2.73%
ATR Inc-10.95%
Range Today0.6
ADR(20)0.6
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.94
Mansfield-0.89
10 Day High25.15
10 Day Low22.95
20 Day High25.21
20 Day Low22.24
52 Week High28.27
52 Week Low19.46
CS1 End23.55
CR1 Start24.02
Volume & EV
DER(3)-1.06%
DER(5)-0.29%
Volume404.00K
Volume Incr38.16%
Vol(5)441.04K
Vol(50)385.10K