GOLAR LNG LTD (GLNG)

BMG9456A1009 - Common Stock

35.24  -0.12 (-0.34%)

After market: 35.24 0 (0%)

Technical Rating and Analysis

10

Overall GLNG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLNG is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GLNG is one of the better performing stocks in the market, outperforming 94% of all stocks.
GLNG is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 98% of 210 stocks in the same industry.
GLNG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GLNG is leading the market.
In the last month GLNG has a been trading in the 30.94 - 36.52 range, which is quite wide. It is currently trading near the high of this range.
GLNG has an average volume of 1370590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
GLNG Weekly chart
GLNG Daily chart
Setup Rating and Analysis

8

GLNG has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

20.07

35.59

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 33.90 to 34.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @28.68 from a trend line in the daily time frame.
  • Support @24.69 from a horizontal line in the daily time frame.
  • A support zone ranging from 20.75 to 21.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @20.27 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.06
Mansfield2.89
10 Day High36.52
10 Day Low33.91
20 Day High36.52
20 Day Low30.94
52 Week High36.52
52 Week Low19.94
Performance
1 Week3.1%
2 Weeks2.82%
1 Month13.75%
3 Month40.4%
6 Month54.22%
12 Month47.63%
2 Year57.53%
3 Year215.77%
5 Year108.03%
10 Year-42.8%
15 Year260.33%
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)69.02
LBB33.31
UBB36.04
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.

ENTRYEXITDISTANCECAPITAL
36.5333.902.63 (7.20%)13.89%
An entry @36.53. This is a Buy Stop order right above the 10 day high.An exit @33.90. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 2.63 points, which is 7.20%.When investing 13.89% 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.
GLNG Daily chart

GOLAR LNG LTD

NASDAQ:GLNG (7/26/2024, 7:00:01 PM)

After market: 35.24 0 (0%)

35.24

-0.12 (-0.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.34%
1 Week3.1%
2 Weeks2.82%
1 Month13.75%
3 Month40.4%
6 Month54.22%
12 Month47.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.89
ATR(20)%2.69%
ATR Inc
Range Today0.92
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High36.52
10 Day Low33.91
20 Day High36.52
20 Day Low30.94
52 Week High36.52
52 Week Low19.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume992.30K
Volume Incr9.05%
Vol(5)1.61M
Vol(50)1.37M