FLEX LNG LTD (FLNG) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:FLNG • BMG359472021
Overall FLNG gets a technical rating of 7 out of 10. Although FLNG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- In the last month FLNG has a been trading in the 25.88 - 27.46 range, which is quite wide. It is currently trading near the lows of this range.
- Both the short term and long term trends are positive. This is a very positive sign.
- FLNG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FLNG is lagging the market slightly.
- When comparing the performance of all stocks over the past year, FLNG turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- FLNG is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, FLNG did better than 44% of them.
Besides having an excellent technical rating, FLNG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 26.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.47, a Stop Loss order could be placed below this zone.
More info and screens
22.46
3 important support areas can be observed.
- A support zone ranging from 24.87 to 25.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.34 to 24.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.69 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.00 to 27.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FLNG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLNG is up. |
| ChartMill Relative Strength | 49.03 | NEUTRAL | FLNG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FLNG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLNG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLNG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.36 | NEUTRAL | The RSI value for FLNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FLNG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.98 | NEUTRAL | The Stochastics value for FLNG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for FLNG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.8 | NEGATIVE | The low ADX value for FLNG suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.52 | 25.87 | 0.65 (2.45%) | 25.00% |
| An entry @26.52. This is a Buy Stop order right above the 10 day moving average. | An exit @25.87. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.65 points, which is 2.45%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FLNG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:FLNG (2/11/2026, 9:37:04 AM)
25.87
-0.61 (-2.3%)
FLEX LNG LTD / FLNG FAQ
Can you provide the ChartMill technical rating for FLEX LNG LTD?
ChartMill assigns a technical rating of 7 / 10 to FLNG.
What is the trend direction for FLNG stock?
The current trend direction for FLEX LNG LTD (FLNG) is Bullish.
What is the RSI signal for FLEX LNG LTD (FLNG) stock?
FLEX LNG LTD (FLNG) has an RSI value of 54.3606. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FLEX LNG LTD?
The MACD indicator for FLEX LNG LTD (FLNG) has a value of -0.0605482, indicating a bearish trend.
Can you provide the support and resistance levels for FLEX LNG LTD?
FLEX LNG LTD (FLNG) has a support level at 26.47 and a resistance level at 26.51. Check the full technical report for our detailed analysis of FLNG support and resistance levels.