GOLAR LNG LTD (GLNG) Stock Technical Analysis
NASDAQ:GLNG - Nasdaq - BMG9456A1009 - Common Stock - Currency: USD
Overall GLNG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GLNG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GLNG is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by GLNG over the past year are nicely spread over this period.
GLNG is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. GLNG outperforms 89% of them.
GLNG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GLNG is performing more or less in line with the market.
In the last month GLNG has a been trading in the 36.72 - 43.43 range, which is quite wide. It is currently trading near the high of this range.
GLNG has an average volume of 1784860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, GLNG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 43.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.17, a Stop Loss order could be placed below this zone.
More info and screens
30.71
44.29
5 important support areas can be observed.
- A support zone ranging from 41.75 to 42.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.74 to 40.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.45 to 37.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.61 from a trend line in the weekly time frame.
- A support zone ranging from 31.02 to 31.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 43.51 to 43.85. This zone is formed by a combination of multiple trend lines 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 GLNG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLNG is up. |
| ChartMill Relative Strength | 89.68 | POSITIVE | GLNG has a high relative strength, it outperformed 89.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLNG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLNG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLNG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.71 | NEUTRAL | The RSI value for GLNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GLNG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.71 | OVERBOUGHT | The high Stochastics value suggests GLNG may be overbought. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for GLNG suggests some volalility. |
| Average Directional Index/ADX (14) | 16.21 | NEGATIVE | The low ADX value for GLNG suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 43.86 | 41.74 | 2.12 (4.83%) | 20.69% |
| An entry @43.86. This is a Buy Stop order right above the resistance zone. | An exit @41.74. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.12 points, which is 4.83%. | When investing 20.69% 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.
NASDAQ:GLNG (6/17/2025, 3:05:03 PM)
42.655
+0.16 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.36%
1 Week1.89%
2 Weeks1.92%
1 Month7.65%
3 Month12.55%
6 Month2.83%
12 Month47.16%
2 Year110.71%
3 Year86.81%
5 Year487.02%
10 Year-9.19%
15 Year330.6%
Volatility
ATR(14)1.22
ATR(20)%2.89%
ATR Inc-2.74%
Range Today0.56
ADR(20)1.21
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.68
Mansfield0.8
10 Day High43.43
10 Day Low40.82
20 Day High43.43
20 Day Low36.72
52 Week High44.36
52 Week Low29.29
CS1 End42.17
CR1 Start43.51
Volume & EV
DER(3)2%
DER(5)1.37%
Volume472.01K
Volume Incr-28.5%
Vol(5)1.16M
Vol(50)1.78M