FLEX LNG LTD (FLNG) Technical Analysis
NYSE:FLNG • BMG359472021
Current stock price
FLNG Technical Rating and Analysis
Taking everything into account, FLNG scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FLNG is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, FLNG did better than 77% of all other stocks. We also observe that the gains produced by FLNG over the past year are nicely spread over this period.
- FLNG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FLNG has a been trading in the 28.76 - 31.99 range, which is quite wide. It is currently trading near the high of this range.
- FLNG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 50% of 209 stocks in the same industry.
FLNG Weekly and Daily overview Charts
FLNG Setup Rating and Analysis
Although FLNG has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
FLNG Support and Resistance Analysis
24.11
We found 5 important support areas.
- A support zone ranging from 28.64 to 29.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.94 to 26.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 25.87 to 26.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @24.95 from a horizontal line in the daily time frame.
- A support zone ranging from 24.35 to 24.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
FLNG 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FLNG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLNG is neutral. |
| ChartMill Relative Strength | 77.38 | POSITIVE | FLNG has a high relative strength, it outperformed 77.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLNG is above 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) | 59.48 | NEUTRAL | The RSI value for FLNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests FLNG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.68 | NEUTRAL | The Stochastics value for FLNG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for FLNG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.4 | NEUTRAL | The ADX value for FLNG suggests a possible start of a new trend. |
FLNG Chart- and CandleStick Pattern Analysis
FLNG Example Setup
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 |
|---|---|---|---|
| 31.12 | 28.75 | 2.37 (7.60%) | 13.16% |
| An entry @31.12. This is a Buy Stop order right above the 10 day high. | An exit @28.75. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.37 points, which is 7.60%. | When investing 13.16% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
FLNG Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:FLNG (4/15/2026, 10:52:38 AM)
31.19
+0.31 (+1%)
FLEX LNG LTD / FLNG TA FAQ
Can you provide the ChartMill technical rating for FLEX LNG LTD?
ChartMill assigns a technical rating of 9 / 10 to FLNG.
What is the trend direction for FLNG stock?
The current trend direction for FLEX LNG LTD (FLNG) is Bullish.
Can you provide the RSI signal for FLEX LNG LTD?
FLEX LNG LTD (FLNG) has an RSI value of 59.4808. This indicates that the stock is currently neutral.
What is the support and resistance level for FLNG stock?
FLEX LNG LTD (FLNG) has a support level at 29.24. Check the full technical report for our detailed analysis of FLNG support and resistance levels.