Logo image of FLNG

FLEX LNG LTD (FLNG) Stock Technical Analysis

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

24.61  +0.46 (+1.9%)

After market: 24.57 -0.04 (-0.16%)

Technical Rating and Analysis

4

Overall FLNG gets a technical rating of 4 out of 10. FLNG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 56% of all stocks.
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 trading in the upper part of its 52 week range, so FLNG is lagging the market slightly.
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

8

Although the technical rating is only medium, FLNG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FLNG in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

22.17

27.18

3 important support areas can be observed.

  • A support zone ranging from 23.43 to 24.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @22.92 from a horizontal line in the weekly time frame.
  • Support @22.39 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 24.76 to 25.20. This zone is formed by a combination of multiple trend lines 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 Strength56.14NEUTRALFLNG is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of FLNG is above 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)DOWNMIXEDThe current price of FLNG is above a declining SMA(200).
Relative Strength Index/RSI (14)57.98NEUTRALThe RSI value for FLNG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests FLNG has a negative trend, although the MACD value is rising.
Stochastics (14,3)63.51NEUTRALThe Stochastics value for FLNG is a neutral value.
Average True Range in percent/ATR (20)2.76MEDIUM VOLATILITYThe ATR as a percentage value for FLNG suggests some volalility.
Average Directional Index/ADX (14)17.35NEGATIVEThe 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 (6/13/2025, 8:04:00 PM)

After market: 24.57 -0.04 (-0.16%)

24.61

+0.46 (+1.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.9%
1 Week2.76%
2 Weeks2.97%
1 Month-0.28%
3 Month12.94%
6 Month10.41%
12 Month-4.8%
2 Year-19.39%
3 Year-10.15%
5 Year432.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%2.76%
ATR Inc18.39%
Range Today0.92
ADR(20)0.64
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.14
Mansfield-0.42
10 Day High25.15
10 Day Low23.17
20 Day High25.21
20 Day Low22.24
52 Week High28.27
52 Week Low19.46
CS1 End24.41
CR1 Start24.76
Volume & EV
DER(3)3.26%
DER(5)2.23%
Volume460.00K
Volume Incr15.21%
Vol(5)408.46K
Vol(50)379.66K